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Toyota Increase Prius Production Toyota Prius Production Increased By 50% TOKYO, Sept 22, 2006; Reuters reported that Toyota Motor Corp. plans to increase production of its popular Prius hybrid cars in Japan to 300,000 units in 2007, a rise of 50 percent, business daily Nihon Keizai reported on Friday. Japan's top auto maker dominates the market for hybrid cars, which twin a conventional engine with an electric motor to improve mileage, and is keen to spread the system as the main alternative to today's internal combustion engines.
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Replying to: larsb (Sep 22, 2006 6:19 am)
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Replying to: tpe (Sep 21, 2006 4:38 pm) While Toyota's and Honda's are noted for the engineering and production efficiencies and reliability.... the marketing arms of each might be the best part of each company. There are marketing segments each has been supplying that no one new existed. Some vehicle makers, now 10+ years later, are just beginning to supply these 'newly discovered' segments. Examples are plenty but just for one: Toyota's hybrid vehicles - as a brand - are nearly as large as the entire Mazda line or VW. With the growth of the TCH it may pass both and maybe even BMW. Ditto the Scion line possibly.
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Replying to: kdhspyder (Sep 22, 2006 9:28 am) You just cannot post here or in Electric Vehicle Pros & Cons without being ridiculed or being personally attacked by the two or three EV zealots who are seemingly always at hand, waiting to pounce and agressively challenge anyone suggesting merit in any other technology. It just drives people away... |
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In the first 8 months of this year, 168810 hybrid vehicles were sold in the US market. Pretty soon it will touch the 2005 tally of 205,000. Gas prices generally fall in Fall, but will increase again in winter. Last year Chinese bought 6 million vehicles, this year they will buy 7 million +. As they keep buying more, the gas prices will definitely go up. Even if they go down, automakers could remove some extras and price the hybrids at a slightly lower price. |
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Replying to: moparbad (Sep 22, 2006 7:26 am) Indeed, the price of the Prius is going to plummet (driving resale values down), as they produce more units.
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Replying to: stevedebi (Sep 23, 2006 2:15 pm) All automobiles depreciate in the same way, no matter what you pay for them. You cannot look at a car's depreciation in the same way as one does most anything else. They are not investments.
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Replying to: terry92270 (Sep 23, 2006 2:25 pm) I don't think you understoold my point. When the big 3 were offering their incentives last year, the resale value of their vehicles that people were trying to sell or trade took a big hit. It is always true that when vehicles are sold at a "discount", the used models of that vehicle will sell for less as used vehicles. It is all a matter of perception. I'm not talking about the new vehicles depreciating, I'm talking about used models being worth less. The whole point was that if newer hybrids are selling for a lot less due to over production (for the market forces), then those people who own hybrids now - and who think they will get top used dollar (because they can get good money now if they sell, while the hybrids are popuar and not as widely available), will be in for a surprise at sell/trade-in time. It's not a matter of the way it depreciates, it is the public perception. Used car prices are largely driven by what the public will pay. When the public sees large discounts, they are willing to pay less for a used model of the same vehicle.
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Replying to: stevedebi (Sep 25, 2006 3:42 pm) However, I repeat: "You cannot look at a car's depreciation in the same way as one does most anything else. They are not investments.". Most investments of capital appreciate. And we know that going into them. Automobiles, except for collector items, depreciate, and we know that going into the deal. So while insofar as your point is concerned, it was kind of a oxymoron to say it, as every auto purchase loses money from the moment you sign the contract. That was my thinking in terms of what I posted, but I do know some will have more of a loss than they anticipated. Caveat Emptor! |
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CALI legislators need to practice their preaching GAS GUZZLERS IN THE CAPITAL GLOBAL WARMING: Governor, lawmakers don't exactly practice what they preach Matthew Yi, Greg Lucas, Chronicle Sacramento Bureau Chronicle Political Writer Tuesday, September 26, 2006 (09-26) 04:00 PDT Sacramento -- Despite their outspoken support for landmark legislation to fight global warming, Republican Gov. Arnold Schwarzenegger and some of the leading Democratic lawmakers who voted for the measure still use gas-guzzling vehicles for official state business. Schwarzenegger, who is expected to sign the legislation on Wednesday at a ceremony in San Francisco, typically is escorted by the California Highway Patrol's security detail in a massive 2005 Ford Excursion that gets less than 11 miles per gallon, according to an evaluation by Consumerguide.com.
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