An "insider" at LLN has it on good authority that the oft-rumored Prius brand is, in their words, "a go." According to their source, the goal of the spin-off is to create cheaper hybrid models that would command a marginal premium over their standard, hybrid-free counterparts.The rumormill pot gets stirred a bit more with the claim that the 2010 Prius could achieve up to 80 mpg. Combine that with the rumblings about a Prius price cut and it's starting to look like the Volt will have it's work cut out for it. Informed speculation also says that the reworked Prius may be joined by an upscale five-door Prius model in the $28-30,000 range and that Toyota could be planning a four-door "Baby Prius" expected to sell in the mid-teens, utilizing a nickel metal hydride battery pack and coming to market in 2013. [ Via: LLN ]
[ Tag: hybrid, hybrid car, HybridCar, new prius, NewPrius, prius, toyota hybrid, ToyotaHybrid, volt ]
Rumors of a 
According to a report by Japan's Kyodo News, General Motors' chief executive and chairman Rick Wagoner is considering visiting Toyota in Japan to discuss a myriad of issues, ranging from funding to parts sharing.In typical fashion (of late), the story cites unnamed sources saying Toyota is "expected to consider quick fixes for the cash-strapped GM, including buying up its assets and helping secure sufficient business funds." The talks are also said to include a partnership that would license Toyota's hybrid technology for use in GM products, along with ToMoCo building fuel-efficient, compact cars for the General.We're suitably skeptical about any kind of partnership between the world's two automotive giants, particular since no one from Toyota or GM was willing to comment for the story. More to come... or not. Watch this space.
General Motors is reporting global sales of 2.1 million units for the third quarter, which is down 11% from the same period last year. Through September of this year, GM has sold 6.7 million cars and trucks worldwide, putting the automaker further behind Toyota, which has sold 7.05 million units so far this year. The struggling U.S. market is a big part of GM's sales woes, as 61% of the Detroit automaker's sales came from outside of its home market. That's up from 56% last year, but down from the 65% figure for the second quarter of 2008. VP of sales and marketing Jonathan Browning points out challenges in the global financial markets as a big problem for GM, but also mentioned that strong sales in emerging markets is helping to ease the sales burden.Since GM has a serious cash crunch and merger talks on its hands right now, it likely doesn't care much about a global sales race with Toyota. That doesn't make Toyota's accomplishment any less significant, though, considering how long the General has been on top of the global sales charts.
Toyota is reportedly having great success 
