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Toyota Makes More Hybrid Cars as Gasoline Price Rises

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by jkash, Jun 2, 2004.

  1. jkash

    jkash Member

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    Toyota Makes More Hybrid Cars as Gasoline Price Rises - Toyota Motor Corp., the world's largest carmaker by market value, boosted production of the Prius gasoline-electric car by a third in April, taking advantage of surging oil prices that boosted demand for fuel- efficient vehicles.

    Bloomberg
     
    #1 jkash, Jun 2, 2004
  2. jchu

    jchu New Member

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    With the high demand and long wait lists for the Prius it would seem that surging oil prices were not a prerequisite for Toyota to significantly increase production. :!:
     
    #2 jchu, Jun 2, 2004
  3. Sun__Tzu

    Sun__Tzu New Member

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    Yippee, now maybe wait lists will go from 12 months to a mere 10 months! (yay)

    (sigh)
     
    #3 Sun__Tzu, Jun 2, 2004
  4. bookrats

    bookrats New Member

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    A few notes on things from this article:

    Am I mistaken? I thought Toyota's goal was already 130K Prius for production year 2004. (Or was that 2005?)
    Interesting... that's the first time I've seen someone quote the Prius' price from the higher-end model (e.g., package #9) instead of the ~$20K base price.
    Backing up the information that the Prius isn't selling that well in Europe (due, probably, to competition from even more fuel-efficient car models, like the smart car.)
     
    #4 bookrats, Jun 3, 2004
  5. victor

    victor New Member

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    There are only 5000 units for the whole of Europe in 2004. The first 2500 sold in 4 months of the year. Current waiting list is 10 months and growing fast. So I would not agree the demand is low in Europe.

    The 3 year marketing plan shows a budget of 9 million Euros to promote the Prius in Europe with intended sales target of only 3000 units (so target has been increased sicne the marketing plan was written!).

    I have seen TV adverts over the last week. Shame they cant provide the cars quick enough. :x

    Smart car :lol: :lol: :lol: What a joke that thing is.
     
    #5 victor, Jun 4, 2004
  6. bookrats

    bookrats New Member

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    Good -- I hope you're right! I'd like to see the Prius do well everywhere.
     
    #6 bookrats, Jun 4, 2004
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