Regardless of if you believe hybrid vehicles truely make an impact on the environment, they make an impact on Toyota's revenue for sure.
Robert Lutz, GM's VP of product development said at the 2004 North American Auto Show that "hybrids are an interesting curiosity and we will do some. But do they make sense at $1.50 a gallon? No, they do not." Fast forward to 2005 and gas is $2.20 a gallon. Doh!
Robert Lutz, GM's VP of product development said at the 2004 North American Auto Show that "hybrids are an interesting curiosity and we will do some. But do they make sense at $1.50 a gallon? No, they do not." Fast forward to 2005 and gas is $2.20 a gallon. Doh!
http://story.news.yahoo.com/news?tmpl=story&cid=509&e=16&u=/ap/hybrid_growthDETROIT - The lure of the Toyota Prius and other hybrid cars helped drive healthy sales of electric and alternative-powered vehicles last year, according to new data that shows the hybrid market has grown by 960 percent since 2000.