Detroit Bureau on Twitter

Posts Tagged ‘toyota prius price’

Toyota Prices Prius Plug-in at Unexpected $32,760

New model will receives significantly smaller tax incentives than Chevy Volt.

by on Sep.19, 2011

The new Toyota Prius Plug-in on display at the Frankfurt Motor Show.

Toyota delivered an unexpected surprise when it formally announced the launch of its new Prius Plug-in model, revealing it will be priced starting at $32,760, well above what the maker had initially signaled.

That’s a more than $9,000 premium for the lithium-ion-powered version of the Prius, which will be able to deliver up to about 15 miles in electric-only mode.  A fully loaded version of the Prius Plug-in, meanwhile, will go for $40,285.

Your High-Powered News Source!

The new model will still be about $7,000 cheaper than the Chevrolet Volt – which is seeing its price cut by $1,005 to $39,995 for 2012, including delivery charges.  But that figure can be misleading.  The Volt will qualify for a full $7,500 tax credit under the federal government’s incentive program, while the new Prius Plug-in will receive only a third of that amount.

So the out-of-pocket difference between the Prius Plug-in and Volt will actually work out to only about $2,200.


Toyota’s Japanese Plants Set to Re-open

But maker will still operate at half capacity -- and only temporarily.

by on Apr.08, 2011

Not out of the woods, yet. Toyota will resume Japanese production only temporarily.

More than a month after Japan was wracked by a series of natural disasters – and the subsequent crisis at a nuclear plant – Toyota Motor Co. is preparing to reopen its home market plants.

The maker revealed today it will resume operations on April 18th through at least the 27th, but at only half the normal capacity of that expansive production network.  The 18 factories will then shut down again from April 28 through May 9, a traditionally holiday period in Japan.

News You Can Use!

The industry giant reports it has lost about 260,000 units of production since its factories were shut down by the 9.0-magnitude quake and tsunami that struck northeast Japan.  It is unclear how many additional units Toyota will lose due to maintaining a reduced production schedule.

And it remains unclear what the maker’s plans will be following the Golden Week holiday.  Toyota officials say they are slowly resolving problems related to parts shortages caused by the March 11 disaster.  But they still are facing problems with at least 150 parts and components.


Toyota Raising Prices – Cutting Incentives

Will others follow – or could it backfire?

by on Apr.01, 2011

Dealers have been tacking on as much as $3,000 extra for the Toyota Prius, lately. Now the maker will raise its prices, as well, by more than 2%.

Toyota plans to raise prices on almost its entire line-up on May 1st, a move many observers had anticipated in light of the Japanese auto meltdown that has cost the maker hundreds of thousands of units in lost production.

Dealers have already begun raising prices, according to various reports, hoping to take advantage of the supply shortage, which is expected to grow worse in the coming weeks, and analysts say the giant Japanese maker is hoping to get its share of the potential bonanza.

But in light of the maker’s worse-than-expected 5.7% decline in sales during March, some observers warn that Toyota may be setting itself up for further setbacks.

Subscribe Now - It's Free!

The increases average about 2.2%, though they vary by model and brand, with some slower selling models, like the Scion xD, seeing prices rise by as little as 0.4%.

“It’s Business 101,” says analyst Jim Hall, of 2953 Analytics.  “It’s supply-and-demand and they’re trying to make up the revenue they’re losing with the rolling blackouts in Japan cutting production.”


Fall-out from Japanese Auto Shutdown Spreading

“Not a matter of if, but when” all automakers worldwide will be impacted, warns analyst.

by on Mar.21, 2011

Buyers are paying an extra $1,800 for the Toyota Prius, one analyst reports.

It’s only a matter of time until the global auto industry feels the full shock of the Japanese auto industry shutdown, according to a new study.  But the impact is already spreading, General Motors cutting production at a second U.S. plant due to a shortage of Japanese-made parts, while Honda tells U.S. dealers it may not be able to fill their orders due to production delays.

There are already signs that prices are going up on Japanese-badged vehicles, and some of the most high-demand models, such as the Toyota Prius, could be impacted most severely should the situation continue for more than a few weeks, analysts and industry insiders warn.

News Now!

Meanwhile, in their struggle to re-start home market production, some makers may turn to foreign sources for traditionally Japanese-made parts.  Nissan, in particular, is considering the need to ship engines produced in Tennessee back to Japan for use on some of its assembly lines.

“It is not a matter of if, but when,” warned Michael Robinet, chief of auto research IHS Global Insight, before the near-complete shutdown of the Japanese auto industry is felt by every major automaker worldwide.