09/09/2008 08:48. “n with the $5000 difference between the Prius and non-hybrid Toyotas, there was a time when Toyota lost money on the car. Even when the car entered the” // Autoblog

06/09/2008 12:52. NEW YORK -- Toyota Motor Corp will build batteries for its hybrids in North America eventually, as part of a plan to drive down the production costs of fuel-efficient models like its top-selling Prius.

As part of that strategy, Toyota expects that its next-generation Prius will have a profit margin close to that of a traditional sedan like the Corolla, a senior executive said on Friday.

Toyota, like other major automakers, does not typically detail vehicle-by-vehicle profitability. But the high cost of developing new hybrid systems and batteries has widely been seen as a constraint on the initial profitability of such models.

US automaker General Motors Corp has said it expects to lose money initially by selling its all-electric Chevy Volt, due to the high cost of battery packs.... // Business Spectator

Total: 6 news articles
First News Article: Reuters, 06/09/2008 07:50