Cars
Toyota Prius Sales may Collapse in Japan as Hybrid Subsidies End
For more than a year now, the Prius has enjoyed some hefty sales in Japan thanks to the government subsidies for hybrids. But now that the cash-for-clunkers program is coming to an end, sales of Toyota's hybrid model will most likely take a hit, according to automotive analysts.
Under the program, many Japanese buyers flocked to trade in their 13+ year-old car for a Prius. With the subsidy window coming to a close, there will be a need for dealers to readjust their sales strategy.
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Toyota And Lexus Cumulative Hybrid Sales Since 1997 Top 4 Million Vehicles
As of April 30, the Toyota and Lexus brands have both sold more than 4 million hybrid vehicles around the world since the market launch of Toyota's first hybrid model in Japan, the Coaster Hybrid EV in August 1997, followed by the Prius in December...
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Toyota Revs Up Production Of New Prius To Meet Increased Demand In Japan
Higher-than-expected demand in Japan has 'forced' Toyota to ramp up production of its third-generation Prius Hybrid. Toyota spokesman Hideaki Homma, told Bloomberg news that the company has increased production to 50,000 Prius hybrids a month...
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Toyota Launches Cut-price Version Of Second-gen Prius In Japan
Honda's aggressively priced Insight Hybrid has forced Toyota to keep selling the second generation Prius Hybrid, at least in Japan. Along with the domestic launch of the new, 2010 Prius, Toyota today announced the release of a low-price version of...
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Toyota Launches Certified Used Vehicle Program For Hybrid Models
In an attempt to draw the attention of buyers searching for used hybrids, Toyota USA has created a new used-vehicle certification program for the brand's hybrid models like the Prius, Camry and Highlander. On top of Toyota Certified's 160-point...
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Honda Insight Best Seller Japan
Hybrid sales success has, in a way, been rather overstated. Even in America, the nation that has gone head-over-heels for hybrids, the best-selling cars are not gas-electric. Honda, however, is changing the story. Since becoming the first automaker to...
Cars