Friday, April 30, 2010

Toyota to build new factory for Prius hybrid

Toyota Prius production is to be ramped up, with Toyota building a third factory in Japan despite falling sales caused by the recent global recalls. Demand in Japan has outstripped supply since the car was launched - the car is built at two factories and waiting lists were at six months - and while Toyota will have to cut production by about 10%, it predicts demand will rise again. The main