BUSINESS
March 30, 2012 | By Salvador Rodriguez, Los Angeles Times
A self-driving car being developed by Google Inc. took a blind man for a ride this week, driving him to a Taco Bell and then to a dry cleaner in San Jose. On Thursday, Google posted a video of a modified Toyota Prius driving Steve Mahan, who is legally blind, saying it shows one of the possibilities and benefits that could come from the technology. "Where this would change my life is to give me the independence and the flexibility to go to the places I both want to go and need to go when I need to do those things," Mahan says in the video.
BUSINESS
March 30, 2012 | By Jerry Hirsch
While stronger-than-expected auto sales are prompting industry analysts to raise their forecasts of how many cars Americans will buy this year, automakers are simply raising prices. Toyota Motor Corp. said it will take a midyear price increase of $90 to $250 on six models starting with vehicles produced in May. Depending on the model, the increase represents a hike of 0.3% to 1.5%. The models receiving price increases include the 2012 Toyota Prius v, Camry and Camry Hybrid, Highlander Hybrid, Tacoma pickup truck and the 2013 Scion tC. They are all fuel-efficient vehicles, which so far this year have been the hottest segment of the U.S. auto market, a result of how higher gas prices have shifted consumer preferences.
BUSINESS
March 29, 2012 | By Jerry Hirsch, Los Angeles Times
Toyota Motor Corp. has been saying it has a hit with its new Prius c five-door hatchback, the smallest hybrid in the Prius family, and now there's independent analysis that shows it is one of the hottest small cars to hit the market in many years. In its first three days on the market this month, Toyota sold more than 1,200 of the subcompact hybrid. It starts at $18,950, but a mid-grade version has a sticker price of $21,635. To put the 1,200 sales in perspective, Edmunds.com auto analyst Jessica Caldwell pointed out that many cars, including the similarly small but non-hybrid Smart Fortwo and even Toyota's Scion XD, didn't sell even 1,000 units last month.
BUSINESS
March 20, 2012 | By Jerry Hirsch, Los Angeles Times
Just as in past gasoline cost surges, the prices for used compact cars and hybrids are starting to rise quickly, according to auto information company Kelley Blue Book. Although the average price of used fuel-efficient compacts at auction rose a modest 0.4% in February, it jumped 1.3% in the last week of the month. Hybrid prices rose 3.6% in the last week, Kelley Blue Book said. "The 2010 Toyota Prius led in gains, increasing in value $1,370 through the month of February," said Alec Gutierrez, an analyst at Kelley Blue Book.
BUSINESS
March 19, 2012 | By Jerry Hirsch
Just as in past gas spikes, the prices for used compact cars and hybrids are starting to rise quickly, according to auto information company Kelley Blue Book. While the average price of used fuel-efficient compacts at auction rose just a modest 0.4% in February, the values jumped 1.3% in the last week of the month. Hybrid prices rose by 3.6% in the last week, Kelley Blue Book said. “The 2010 Toyota Prius led in gains, increasing in value $1,370 through the month of February,” said Alec Gutierrez, an analyst at Kelley Blue Book. “Dealers have been aggressively bidding on fuel-efficient vehicles at auction as consumer demand increases in response to rising gas prices.
BUSINESS
August 25, 2011
2012 Toyota Prius v Base price: $26,000* Price as tested: $27,500* Powertrain: Hybrid system uses a 1.8-liter, DOHC, four-cylinder, 16-valve gasoline engine with a pair of high-output motors and a nickel metal hydride battery pack; electronically controlled continuously variable transmission Net horsepower: 134 Torque (gas, electric): 105 pound-feet at 4,000 rpm, 153 pound-feet Overall length: 181.7 inches Wheelbase: 109.4 inches Curb weight: 3,274 pounds 0 to 60: 10.4 seconds Top speed: 103 mph EPA estimated fuel economy: 44 mpg city/40 mpg highway Final thoughts: Amazing fuel efficiency for its size *estimated