Toyota Confirms it is Building Low Cost Small Hybrid based on YarisToyota Confirms it is Building Low Cost Small Hybrid based on Yaris

Lyle Dennis

March 25, 2009

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2009 Toyota Yaris
Toyota’s leading Prius is fast approaching new competition from Honda’s low-cost next generation Insight, aleady released and selling for less than $20,000 with greater than 40 mpg fuel efficiency. The current Prius sells for $22,000 and the new 2010 model may be considerably more.
To counter this trend, the automaker has confirmed it will be launching its own low-cost, small hybrid along with the updated 2010 Prius.
The lower cost car is expected to reach showrooms in 2011.
“We are developing a low-priced hybrid vehicle like Honda’s Insight,” said Prius Cheif Engineer Akihiko Otsuka said. “We are going to compete by expanding our hybrid-vehicle lineup to smaller hybrids, in the class of the Vitz [sold in Japan] and Yaris.”
Source (Automotive News)

View original artcle at: “https://www.greencarreports.com//news/1019673_toyota-confirms-it-is-building-low-cost-small-hybrid-based-on-yaris”

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