At a press conference in Nagoya, Japan earlier today, Toyota Motor Corporation (TMC) announced that it will boost monthly production of the Prius gas-electric hybrid sedan from approximately 10,000 units per month to 15,000, in order to meet global demand. Toyota Motor Sales (TMS) U.S.A., Inc., announced today that it is negotiating with TMC to significantly increase its North American allocation of the Prius for model-year 2005, to help meet the vehicle's unprecedented demand in the U.S. market.
View entire article here.