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7481 messages, Last post on Dec 01, 2009 at 7:44 AM
You are in the Toyota Prius Forum. Your Host is pf_flyer
The article was written 12/05 and dealt with car for sale in 2006. I dont understand anything of what you said.
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Replying to: kneisl1 (May 23, 2006 6:09 pm) |
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Replying to: backy (May 23, 2006 6:05 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." Maybe you should re-read the article; I read it in 2003. I remember the debate about profitability of the Gen1, and I remember that I disagreed that it made money for Toyota. The Gen 1 was heavily subsidized when it was introduced, and I doubt it ever made money. However I will grant that Toyota claimed it made money at the end. I just don't believe them. For one thing, I doubt that Toyota ever recouped the investment costs (even up to the current date). So the question is how do you define making money... The Gen 2, on the other hand, should have made Totyota some money. I have not seen Toyota number to prove this theory. But as I said before, they wouldn't have expanded hybrids if it was losing that much $$. So I think my answer to correct; the Gen 1 was not a profitable vehicle for Toyota. OK, let's accept Toyota's claim of end-of-gen1 sales. How many months did it lose $$ as opposed to those few months it made 1100 per vehicle? Add that to the investment costs and it was a major money loser.
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Replying to: stevedebi (May 24, 2006 8:19 am) Gen1 Prius, Gen2 Prius, 400h/HH, Estima van, Crown/Camry hybrid, Others?? If development and R&D was $100 Million (?) $300 Million (?) the amortization over 500,000 vehicles by the end of this year ( yr 10 ) would be $200/ veh and $600/ veh respectively. Now is the variable cost to make these hybrids significantly higher than a standard ICE? On that I have no clue only guesses. Less cost: No traditional transmission More cost: Battery pack MG1 + MG2 PSD Hybrid Warranty I agree with you steve that the Gen1's ( future unknown ) were likely loss leaders. Now I'd be surprised if every hybrid vehicle didn't return a close to normal profit/return. |
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Replying to: stevedebi (May 24, 2006 8:19 am) There are well-defined GAAP policies to cover that, which Toyota and any other company must follow or risk getting in major trouble. Toyota invested for the future with the first-gen Prius. The fact that they were making money on those cars before the end of that generation is quite an achievement I think.
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Replying to: backy (May 24, 2006 4:58 pm) GAAP deals with how a company reports or accounts for their money. I don't doubt that the R&D was listed separately from the production costs of the Gen 1. |
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In addition to the plug in option, I understand Prius will come with the following scooter to extend range: http://www.electric-scooters-galore.com/2000x.html |
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i know it has electric assist, but someone told me it is total drive-by-wire(no physical connection). i think it just electric assist. anyone know for sure? tia.
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Replying to: explorerx4 (May 29, 2006 12:57 pm)
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