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Politics : Formerly About Advanced Micro Devices
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To: Taro who wrote (442396)12/24/2008 10:56:51 AM
From: Road Walker  Read Replies (1) of 1587615
 
Toyota doesn’t want to gloat or anything, but it’s going to make real money on its new Prius. “We reduced costs of hybrid systems for the current Prius by 50 percent from the first generation,” ToMoCo Vice Chairman Kazuo Okamoto tells Automotive News. “For the next-generation Prius, we will be able to cut costs by another half, so I think we’ve been able to ensure profitability will be similar to regular vehicles, such as the Corolla.”

thetruthaboutcars.com
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