
09-13-2005, 05:00 PM
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Wannabe Hypermiler
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Location: Orange County, CA
Hybrids: 2005 Honda Civic Hybrid AT-PZEV
Posts: 174
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Toyota hopes to cut hybrid premium in half
Quote:
USATODAY.com
Toyota hopes to cut hybrid premium in half
The president of Toyota Motor says he has told his engineering chief to find a way to cut in half the price difference between fuel-efficient gas-electric hybrids and similar gasoline models.
Katsuaki Watanabe also said here Monday that Toyota will sell 1 million hybrid vehicles a year worldwide by early next decade, up from a planned 300,000 this year, about 60% in the USA. And he said Toyota is developing fuel-efficient diesel-power vehicles for the U.S. market but "not in the short term."
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http://biz.yahoo.com/usat/050912/13102471.html
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