Toyota - All Hybrid future?
09-14-05, 02:39 AM
#1
Pole Position
Thread Starter
Toyota - All Hybrid future?
From CanadianDriver.com:
September 14, 2005
Toyota executive says company sees all-hybrid future
Frankfurt, Germany – Speaking at the Frankfurt Auto Show, Toyota Executive Vice-President Kazuo Okamoto said all of the company's vehicles will eventually be based on hybrid powertrains.
Although Okamoto would not specify a timeline for full hybrid production, he indicated that Toyota aims to increase hybrid production by 60 per cent in 2006 and will cut costs and prices to make them more affordable. Toyota has stated that it plans to sell one million hybrids a year by 2010.
September 14, 2005
Toyota executive says company sees all-hybrid future
Frankfurt, Germany – Speaking at the Frankfurt Auto Show, Toyota Executive Vice-President Kazuo Okamoto said all of the company's vehicles will eventually be based on hybrid powertrains.
Although Okamoto would not specify a timeline for full hybrid production, he indicated that Toyota aims to increase hybrid production by 60 per cent in 2006 and will cut costs and prices to make them more affordable. Toyota has stated that it plans to sell one million hybrids a year by 2010.
09-14-05, 07:23 AM
#3
Super Moderator
Toyota plans all-hybrid line as fuel costs rise
September 14, 2005
BY ALAN KATZ and KAE INOUE
BLOOMBERG
Toyota Motor Corp., the world's second-largest automaker, said all its vehicles will eventually be run by hybrid gasoline-electric motors, as record fuel prices curb demand for conventional automobiles.
"In the future, the cars you see from Toyota will be 100% hybrid," executive vice president Kazuo Okamoto told reporters in Frankfurt, Germany, on Monday, without giving a time frame.
Japan's biggest carmaker is aiming to make as many as 400,000 gasoline-electric vehicles in 2006, including Prius cars, Camry sedans, Highlander SUVs and Coaster buses, 60% more than 2005's target, president Katsuaki Watanabe said at an investor conference in New York on Monday.
Toyota has sold 425,000 gasoline-electric cars since 1997 and is trying to profit from its lead over General Motors Corp. and Ford Motor Co. in the technology. Watanabe said he aims to cut production costs and halve the $5,000 price premium on such vehicles, without giving details.
"Toyota has been the leader of the pack in environmental technology, and they will probably continue to be," said Norihito Kanai, an analyst at Meiji Dresdner Asset Management Co. in Tokyo. "Many of its rivals were at first not so aggressive in hybrids, but now we see everyone joining."
A Prius hybrid has a base price of about $21,000. The cost of components makes hybrids $3,000 to $5,000 more expensive than gasoline-engine autos.
Watanabe told investors he couldn't give a time frame for halving the price premium. The Nihon Keizai newspaper reported on its Web site Tuesday that he gave a target of 2010.
Fujio Cho, Watanabe's predecessor, previously targeted sales of 300,000 hybrids worldwide by the end of 2005, and last year he pushed back the date to 2006. Toyota's U.S. sales chief, Jim Press, said a shortage of batteries and other parts probably would contribute to the shortfall. The company plans to sell 240,000 to 250,000 hybrids this year and 1 million a year by 2010.
Global sales of vehicles could drop this year, as the price of gasoline surged to more than $3 a gallon Sept. 2, according to AAA.
BY ALAN KATZ and KAE INOUE
BLOOMBERG
Toyota Motor Corp., the world's second-largest automaker, said all its vehicles will eventually be run by hybrid gasoline-electric motors, as record fuel prices curb demand for conventional automobiles.
"In the future, the cars you see from Toyota will be 100% hybrid," executive vice president Kazuo Okamoto told reporters in Frankfurt, Germany, on Monday, without giving a time frame.
Japan's biggest carmaker is aiming to make as many as 400,000 gasoline-electric vehicles in 2006, including Prius cars, Camry sedans, Highlander SUVs and Coaster buses, 60% more than 2005's target, president Katsuaki Watanabe said at an investor conference in New York on Monday.
Toyota has sold 425,000 gasoline-electric cars since 1997 and is trying to profit from its lead over General Motors Corp. and Ford Motor Co. in the technology. Watanabe said he aims to cut production costs and halve the $5,000 price premium on such vehicles, without giving details.
"Toyota has been the leader of the pack in environmental technology, and they will probably continue to be," said Norihito Kanai, an analyst at Meiji Dresdner Asset Management Co. in Tokyo. "Many of its rivals were at first not so aggressive in hybrids, but now we see everyone joining."
A Prius hybrid has a base price of about $21,000. The cost of components makes hybrids $3,000 to $5,000 more expensive than gasoline-engine autos.
Watanabe told investors he couldn't give a time frame for halving the price premium. The Nihon Keizai newspaper reported on its Web site Tuesday that he gave a target of 2010.
Fujio Cho, Watanabe's predecessor, previously targeted sales of 300,000 hybrids worldwide by the end of 2005, and last year he pushed back the date to 2006. Toyota's U.S. sales chief, Jim Press, said a shortage of batteries and other parts probably would contribute to the shortfall. The company plans to sell 240,000 to 250,000 hybrids this year and 1 million a year by 2010.
Global sales of vehicles could drop this year, as the price of gasoline surged to more than $3 a gallon Sept. 2, according to AAA.
09-14-05, 02:09 PM
#6
Lexus Fanatic
Join Date: May 2003
Location: Massachusetts
Posts: 7,864
Likes: 0
Received 0 Likes
on
0 Posts
Good news!
As proven with the the new Lexus hybrids, they will be as powerful or more powerful than
conventional gasoline vehicles. This is one of the most important factors. Most people will
not want to trade in their power for slow economical transportation.
As proven with the the new Lexus hybrids, they will be as powerful or more powerful than
conventional gasoline vehicles. This is one of the most important factors. Most people will
not want to trade in their power for slow economical transportation.
Thread
Thread Starter
Forum
Replies
Last Post
Gojirra99
Car Chat
24
05-15-07 09:42 PM
bitkahuna
Lexus Prototypes and Next-Gen Technology
21
06-27-06 10:21 AM
