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Old 11-29-2008, 11:37 AM   #6 (permalink)
racy
4.6 Liter Northstar V8
 
Join Date: Dec 2003
Posts: 1,708
Re: Lawmakers Envision Money-losing Operations From Detroit

Quote:
Originally Posted by adplusone View Post

That's because car manufacturers still haven't figured out how to produce hybrid and plug-in vehicles cheaply enough to make money on them. After a decade of relative success with its hybrid Prius, Toyota has sold about a million of the cars and is still widely believed by analysts to be losing money on each one sold.
http://www.detroitnews.com/apps/pbcs...03/1148/AUTO01
We know that the Prius is now profitable. What's more, we also know Honda is coming out with a cheaper, Prius competitor. This article is a little misinformed.
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