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


To: Taro who wrote (442417)12/24/2008 1:52:39 PM
From: tejek  Read Replies (1) | Respond to of 1577938
 
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

I think you've misunderstood the above comment by the vice chair. Apparently, profit margins on cars are small. It sounds like he is saying that cutting costs will ensure the Prius remains profitable, not that they will become profitable.