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 |  May 14 2011, 7:12 AM

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Reports of the Toyota Prius V’s delay have been greatly exaggerated. According to the company, the Prius V is on track for a U.S. fall debut, after all.

The Prius V had been previously reported to be delayed across all markets, due to the Japanese earthquake. But a brief note from Toyota USA’s Torrance, California headquarters stated that American deliveries of the hybrid minivan/wagon will start in the fall, as previously planned.

The Prius V promises 60 percent more cargo room than the current Prius and aims to deliver 42-mpg city and 38-mpg highway for a combined total of 40-mpg using the same hybrid synergy drive as found in the current Prius.

In Japan, however, the Prius alpha (as it’s known over there) will still be delayed, due to the earthquake.

GALLERY: Toyota Prius V

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