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Saturday, June 11, 2005

Toyota hybrid price increase?

Toyota has recently announced that it might raise prices on its vehicles to 'help' struggling GM and Ford. Starting in October, Toyota is planning to raise its prices 2 percent to 3 percent because it fears anti-import sentiment if GM or Ford should sink further.

Thus far all details around the plan are sketchy and it is not known whether the plan would include hybrid cars. I'm guessing that if the plan goes forward it will not include the Prius hybrid car, nor the Highlander hybrid, but that is pure speculation.

At this time, the plan is a proposal and has not been 'officially' approved by Toyota Corporation. Additionally, this is the second time such a price increase has been mentioned by Toyota, and some feel such a move might be illegal.

Labels: Ford, GM, Highlander hybrid, Hybrid Vehicles, prius, toyota

posted by Dahcredyns at 8:44 AM

2 Comments:

Blogger RockyMountainMan said...

GM and Ford have consistently crammed their gas-wasting vehicles down the country's throat and failed to respond to a changing market and world oil supply. Toyota should let them drown in their own spit. Especially since many Toyotas are built in the US. Try to find the same in a Ford or Chevy! Hello Canada and Mexico! Toyota would be better served by spending some advertising revenue on showing the American public where their cars are built.

10:48 PM  
Blogger Dahcredyns said...

GM and Ford have consistently crammed their gas-wasting vehicles down the country's throat and failed to respond to a changing market and world oil supply.

While I agree with that statment, I think it is worth noting that the American people could do a better job of decision making as well.

If Americans rely on corporations to make America a better country ---- SCARY!

9:48 AM  

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