The ever-popular Toyota Prius is on hold, due to supplier shortages from the Japan earthquake, but it could return to near-normal levels soon—as early as next month.
Bob Carter, Toyota’s vice president for US sales, expects Prius supplies to return to 70 percent of its normal rate—i.e. before the earthquake. “If I had twice as many Priuses, we’d be selling twice as many,” he said.
At the beginning of the year, Toyota had predicted record sales of the Prius this year. Even despite the lack of supplies, sales of the Prius have been rising thanks to the new national average of $4-per gallon gas.
[Source: Left Lane News]