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Tuesday, June 03, 2008

 

AUTOWORLD

Toyota to build Prius in US

 
TOKYO: Toyota Motor Corp. is in talks with General Motors about producing the hybrid Prius at their joint production venture in California, the Tokyo Shimbun reported on May 30. If the two carmakers reach an agreement, it would be the first time that the Prius—the world’s first mass-produced gas-electric hybrid vehicle—is made in the US.

Toyota may produce Prius cars at New United Motor Manufacturing Inc. , a venture established by the two groups in 1984 that currently makes the Corolla, Tacoma and Pontiac Vibe vehicles, it said.

The Japanese company plans to ship key components from Japan and assemble them at the venture in Fremont, California, where demand for environmentally friendly cars is high, the newspaper said.

Toyota aims to sell at least one million hybrid vehicles a year from the early 2010s. It currently produces the Prius in Japan and China. The carmaker said this month sales of the Prius had topped one million vehicles since its launch in Japan in 1997, followed by North America, Europe and elsewhere in 2000.
-- AFP

   
 

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