Saturday, March 14th, 2009
Toyota has announced they plan on constructing a cheaper hybrid to compete with the new Honda Insight, which will debut in June with a street price of $20,800. The Toyota Prius is $4,000 more expensive, so Toyota is foreseeing a problem.
Honda has already released the Insight in Japan and ...
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Thursday, March 12th, 2009
The price was between Toyota and Honda on their hybrid models the Prius and Insight might be getting underway.
According to an article in Asahi Shimbun, Toyota plans on releasing a cheaper Prius in late 2009. They know they have to compete with the Insight, and plan on ...
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Tuesday, March 10th, 2009
Toyota Motor Corp has revised mileage claims for the 2010 Toyota Prius. The company now says that the 2010 Toyota Prius is capable of 50mpg highway driving and 49mpg in the city. This was an upwards revision of 1mpg.
The company has not yet announced pricing for the car. ...
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Monday, December 22nd, 2008
Toyota has announced they're expecting a loss when they reporting earnings in April. The company is facing a global downturn in demand that has crushed margins. This is the first time the company has reported a loss from operations since 1950.
Japanese exports have suffered because of currency exchange ...
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