Automotive Industries

Automotive Industries

Founded in 1895

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Issue: Oct 2003


Hybrid Driven



Toyota aims the 2004 Prius at a mass-market audience and gives us a glimpse of things to come.

by John Peter






 
Prius’ slipery shape sets it apart from the rest of the Toyota pack.
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).

Toyota credits the profit to a savings in manufacturing costs, (The first generation Prius shared the Motomachi-Sumi, Japan, assembly line with Rav-4 — the 2004 Prius will be built in Tsusumi on the same line with Camry) and the licensing of the technology to Nissan, who will buy transmissio...

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