Wednesday, May 04, 2005

Will the Camry hybrid lead to cheaper hybrids?

Soon Toyota will make the popular Prius hybrid car in the United States, but it might not be the first Toyota hybrid produced in America. Instead, the Camry hybrid might take that honor when Toyota's Erlanger, Kentucky plant begins to produce Toyota's next hybrid in 2006.

"Consumers would win. Any time you localize a vehicle, you're better able to respond to consumer demand," says Daniel Sieger, spokesman for Toyota Motor Manufacturing North America.(USAToday)

When both the Prius and the Camry hybrids are produced in the U.S., not only should hybrid supplies increase, but prices should also drop as the supply chain is simplified. Since the Camry, the Highlander hybrid, and the Lexus RX400h are very similar in terms of production, one could assume more Toyota hybrids will also be built in the U.S. very soon.

That's good news for fans of hybrid cars.

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