Toyota Motor Coorperation’s Japanese customers wait eight months to buy a Prius hybrid car, may avoid longer delays in the future thanks to Panasonic Coopreration’s pending takeover of Sanyo Electric..

As demand grows for electric and gasoline-electric hybrid cars, a shortage of the batteries used in the vehicles may force automakers to compete for supply. Toyota, which aims to offer hybrid versions of all its models sometime after 2020, may find it easier to do so after its partner Panasonic makes Sanyo a back-up plan.

Government rebate programs encouraging customers to trade in old vehicles for more fuel-efficient ones (the CARS program) have added to the demand that’s forcing customers to wait for their Priuses. Toyota registered 77,000 new Prius cars in between May and the end of August, compared with a monthly sales target of 10,000. In the U.S., new sales of the model rose more than 20 percent to about 62,000 in the four months to September. Batteries and other Toyota parts should have sped up production by 2011, putting more and more hybrids on the highway

Related posts:

1. Toyota and Honda Face-off   Competition between Toyota Motor Corp and Honda Motor Co....
2. Toyota Reaches 1,000,000 Hybrid Car Sales It’s no secret that the Toyota Prius is one of...
3. Prius Shortage   The Toyota Prius shortage has put the hybrid car...
4. 2 Million Hybrids sold   Booming North American demand pushed cumulative sales of hybrid...
5. Toyota May Slash US New Car Production in 2009 The reduced demand for new cars in the US may...

Related posts brought to you by Yet Another Related Posts Plugin.

admin Toyota Hybrid, Toyota News Batteries, toyota dealers, Toyota Hybrid, Toyota Parts

 Email This Post To A Friend
 Print This Post