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Midkiff, WV Car Consumer Discussions

Re: I think [gagrice]
by larsb on Mon Aug 18 13:48:48 PDT 2008
Gary says, "Even now Toyota is limiting the Prius to keep the prices up. When there were plenty of them they went as low as invoice. Now that the market is hot Toyota conveniently has run low on batteries." Other readers - please remember that is Gary's conspiracy opinion ONLY and is not based in facts. You want the explanation AGAIN for the Prius and the Civic shortage? It's NOT just the battery, and it's not JUST the Prius: Hybrids are only beginning to move beyond niche-market status - annual Prius sales passed the 100,000 mark for the first time in 2004 - and sales are linked more directly than those of other cars to the volatile price of oil. "Even Toyota couldn't predict such a high level for oil prices," says Hirofumi Yokoi, analyst at CSM Worldwide, an automotive market research firm. Fixing the Prius shortage will take time. In addition to batteries, other hybrid components, such as regulators and transaxles, are also in short supply, insiders say. Toyota has also been forced to scale down production at assembly plants to re-tool them to build the next Prius model, which is set to be launched around the world in early 2009. The factory can produce 500,000 nickel metal hydride battery packs a year, imposing a natural ceiling on Toyota's total hybrid output. Toyota is targeting sales of about 450,000 hybrid vehicles this year, including petrol-electric versions of its Camry sedan and Lexus luxury models. Between March and May it sold an average of 47,000 hybrids a month - a pace that would have put it on track to sell about 85,000 more cars than expected by the end of the year. story So the contributing factors: 1. Oil prices spinning crazily out of control, something NO ONE could have predicted two or three years ago. 2. Higher demand worldwide on smaller cars because of high gas prices. 3. Shortage of OTHER hybrid parts besides batteries. 4. The early 2008 sales successes pushed the one battery factory over it's annual manufacturing capacity. There is nothing to "investigate" because the answers are right there in the news. Another story said this: Midkiff said there is up to a three-month waiting list for any Civic, hybrid or not, across much of the nation So even Honda, with it's most popular model, is having supply issues, and even on the non-hybrids.

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