With more and more automakers offering or planning to offer hybrid models, Toyota is looking to stay ahead of the competition by cutting prices on its hybrids. According to Forbes, Toyota president Katsuaki Watanabe told investors that his company plans to reduce the manufacturing cost gap between hybrid models and regular gas-powered models by 50% to make them more affordable. If all the cost-savings are passed onto the cosumers, this will mean a dramatic drop in the prices of Toyota hybrids. We shall see how quickly Toyota can deliver on this promise.



I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Cars for Sale Near You

    Share This Photo X