xcel
10-13-2006, 01:33 AM
The plant in Georgetown, Kentucky will produce up to 48,000 Camry Hybrid vehicles a year. (http://www.todayonline.com/articles/148436.asp)
Today Online - Oct. 13, 2006
http://www.cleanmpg.com/photos/data/501/07_Camry_Hybrid_03.jpg
Toyota Motor Corp. has begun producing the Camry hybrid in North America for the first time.
The plant in Georgetown, Kentucky will produce up to 48,000 Camry Hybrid vehicles a year after an investment of about 10 million dollars.
Toyota has sold 23,000 imported Camry Hybrids in North America since May this year, helping to lift its total hybrid sales in the region to 420,000, including the flagship Prius, the Highlander Hybrid and Lexus brand vehicles.
The Japanese carmaker has scored a big success since it first launched the Prius hybrid car powered by a combination gasoline (petrol) and electric engine in 1997.
The fast sales of Japanese hybrids in North America contrasts with the sluggish performances of US automakers whose late start at developing fuel-efficient cars has hurt them amid soaring oil prices.
Toyota has set a forecast for total global sales of 9.8 million in 2008, compared with 8.13 million vehicles in 2005 and 8.85 million expected this year.
General Motors sold just over nine million vehicles last year, meaning it would need a major boost in sales worldwide to keep up with Toyota in 2008.
General Motors remains mired in a massive restructuring program that involves the shuttering of 12 plants and the elimination of 30,000 jobs.
Toyota has been creating more jobs in the United States amid complaints from American lawmakers that Japanese automakers have unfairly benefited from a weak yen which allows them to offer competitive prices.
Overseas production by Japanese motor companies as a whole topped their domestic output for the first time in the business year to March 2006, according to the Japan Automobile Manufacturers Association.
Today Online - Oct. 13, 2006
http://www.cleanmpg.com/photos/data/501/07_Camry_Hybrid_03.jpg
Toyota Motor Corp. has begun producing the Camry hybrid in North America for the first time.
The plant in Georgetown, Kentucky will produce up to 48,000 Camry Hybrid vehicles a year after an investment of about 10 million dollars.
Toyota has sold 23,000 imported Camry Hybrids in North America since May this year, helping to lift its total hybrid sales in the region to 420,000, including the flagship Prius, the Highlander Hybrid and Lexus brand vehicles.
The Japanese carmaker has scored a big success since it first launched the Prius hybrid car powered by a combination gasoline (petrol) and electric engine in 1997.
The fast sales of Japanese hybrids in North America contrasts with the sluggish performances of US automakers whose late start at developing fuel-efficient cars has hurt them amid soaring oil prices.
Toyota has set a forecast for total global sales of 9.8 million in 2008, compared with 8.13 million vehicles in 2005 and 8.85 million expected this year.
General Motors sold just over nine million vehicles last year, meaning it would need a major boost in sales worldwide to keep up with Toyota in 2008.
General Motors remains mired in a massive restructuring program that involves the shuttering of 12 plants and the elimination of 30,000 jobs.
Toyota has been creating more jobs in the United States amid complaints from American lawmakers that Japanese automakers have unfairly benefited from a weak yen which allows them to offer competitive prices.
Overseas production by Japanese motor companies as a whole topped their domestic output for the first time in the business year to March 2006, according to the Japan Automobile Manufacturers Association.