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Toyota Prius

7481 messages, Last post on Dec 01, 2009 at 7:44 AM
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Replying to: kneisl1 (May 23, 2006 10:26 am) Toyota lost money on every first generation (1999-2003) Prius they sold. They claim they are now making money on the car. No one knows just how much it actually costs to produce a Prius. But the fact that they are making more and more hybrids indicates they are making some money.
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Replying to: stevedebi (May 23, 2006 11:00 am) Untrue. The following is from an October 2003 story in Automotive Industries Magazine. The "current generation" Prius they refer to is the first generation car: While the rest of the automotive world is struggling to make a business case for hybrids, Toyota Motor Company is making money. According to Toyota, the last few month's worth of the current generation Prius brought in a small profit (industry insiders say about $1,100 dollars per vehicle). http://www.ai-online.com/Adv/Previous/show_issue.php?id=308
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Just found this: http://www.jalopnik.com/cars/news/prius-production-starts-in-china-143284.php
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Replying to: backy (May 23, 2006 3:20 pm)
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Replying to: kneisl1 (May 23, 2006 3:54 pm) |
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Replying to: kneisl1 (May 23, 2006 3:54 pm) Now add the TCH from Japan and KY plus production of the Prius in China plus the units licensed to Nissan and they may be approaching 500,000 units annually. |
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Selling for $35-40k actually.
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Replying to: kneisl1 (May 23, 2006 4:34 pm) What a discussion they must be having on the boards over there comaparing a Chery to a Prius and trying to justify the extra cost.. whoowheee |
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| It seems strange to me why so much because I would have to think the safety standards would be a lot less in China. | |
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Replying to: stevedebi (May 23, 2006 4:00 pm) I have seen other statements about the profitability of the Gen 1 Prius late in its life. They were actually posted here about 3 years ago when this very same point came up, and was debunked. Urban legends die hard sometimes. |
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