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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Taro who wrote (442396)	12/24/2008 10:56:51 AM
From: Road Walker	Read Replies (1) \| Respond to of 1578253

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

To: Taro who wrote (442396)	12/24/2008 11:00:18 AM
From: Road Walker	Read Replies (3) \| Respond to of 1578253

Note this is from 2001: Toyota Says It’s Now Turning a Profit on the Hybrid Prius By Alan Ohnsman December 19, 2001 in print edition G-1 Toyota Motor Corp. said it is starting to make a profit from its Prius gasoline-electric hybrid car, four years after introducing the low-pollution vehicle. Higher production volume of the Prius, introduced in Japan in 1997 and in the U.S. last year, and technological gains are helping the costs of its advanced battery and electrical components, said Hiroyuki Watanabe, Toyota’s senior managing director for hybrid and fuel-cell systems. Toyota has sold about 75,000 Prius cars worldwide. articles.latimes.com