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Hybrid Vehicles Hybrids - News, Reviews and Views in the Press
567 messages, Last post on Oct 30, 2009 at 9:21 PM
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From the President of Honda Fukui also said Honda has decided not to proceed with its plans to put clean diesel engines in its large cars. He cites the cost of clearing tough emissions regulations in the United States and Japan as the reason. The more cost-effective solution will be a modified or possibly new hybrid drive system which will instead become the future green drivetrain for big vehicles. Hybrids Yes, Diesels No |
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A reporter is looking to speak to consumers who have used or adapted solar power in their vehicles. In addition, if you use solar power in your home, the reporter is also interested in speaking to you. Please send your daytime phone number to ctalati edmunds.com by Tuesday, April 14, 2009. Thanks, Chintan Corporate Communications Edmunds.com |
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This is for those who have always called the hybrids "loss leaders" and were WRONG about that !!!  Despite what most people believe regarding the profitability of hybrids, Honda and Toyota have proven that you can make money on this type of product. Hybrids were once thought to be a money losing proposition for a company, but its no longer the case for Honda and Toyota at least.
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Replying to: larsb (Apr 29, 2009 9:21 am) Honda is a different story. Their hybrid system is much simpler and, presumably, less costly to manufacture.
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Replying to: lzc (Apr 30, 2009 5:22 am)
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Replying to: lzc (Apr 30, 2009 5:22 am) Yes Honda's IMA is much less expensive ... but the vehicle also sells for $2000 to $6000 less. Two years ago Toyota announced publicly that it was making money on the hybrids. Then it lowered the price of the Prius by $600 to $1200. This leaked data is not surprising. The sheer weight of volume of units sold guarantees that it/they have been profitable.
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Replying to: larsb (Apr 30, 2009 5:50 am) Until I see the text, I don't believe it. If Toyota is getting 3500 dollar profit for a Prius Package 2 at 21500 as they are being sold today with incentives, I would be very surprised.
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Replying to: bamacar (Apr 30, 2009 11:11 am) It makes a lot of sense since most of the numbers have been known for some time now. The selling price to the customer has little to do with the revenue to the vehicle maker. Until recently there were no rebates at all on the Prius. There was a $600 to $2000 discount introduced on the sticker back in June of 07 which is when I believe that the vehicles 'went positive'. Those sticker discounts have recently been increased in order to blow out the last of the 09s and a $1000 rebate has been added.
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In Apr-2009, some 21,000 hybrid vehicles were sold. Toyota - 12K + Honda - 5K + Ford - 2K + GM - 1K + I guess Hybrids are picking up. All expectations are on Prius-III. More important is automaker should reduce the Hybrid Premium.
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Replying to: yerth10 (May 01, 2009 7:32 pm) Both Toyota and Honda are in the process of doing just that. The new Insight II is the same technology as the HCH but the Insight II is about $2000 less than the HCH. Toyota added sticker discounts to the 2009 Prius of ~$500 to $1000. Then it added a $1000 rebate. Then it published the 2010 prices and these are ~$300-$500 lower yet in MSRP. IOW the new 2010 full MSRP on a standard model will be about $2000 lower than the similar vehicle sold last summer. Hybrid premium goodbye. |
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