Thursday, July 29, 2010

Fast Facts: Toyota Denies Media Reports of Sequoia Being Discontinued

> July 30, 2010
>
> Toyota Fast Facts is an update on Toyota and industry news. For more news,
> visit www.toyotanewsroom.com.
>
> (Embedded image moved to file: pic09941.jpg)
>
> 1. Toyota Denies Media Reports of Sequoia Being Discontinued
>
> Toyota Motor Sales issued the following statement today:
>
> “Toyota denies any reports of the discontinuation of the Sequoia. For
> obvious competitive reasons, Toyota does not discuss future product plans.
> Sequoia continues to be a profitable, high-quality vehicle for Toyota and
> several years remain in the life of the current generation. Our focus
> remains on building our vehicles, including the Sequoia, with the highest
> possible quality.”
>
> The statement is posted on the Toyota USA Newsroom at:
> http://pressroom.toyota.com/pr/tms/toyota/statement-regarding-media-reports-1...
>
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>
> 2. Toyota Celebrates 10 Years of Prius in America
>
> The first Prius came to America in July 2000. That year, the star of the
> Detroit auto show was the Hummer H2, and the price of gasoline averaged
> $1.50 a gallon. The attention paid to the Prius wasn’t always flattering,
> and sales projections were modest.
>
> What a difference a decade makes. The Prius has sold over 1.8 million units
> worldwide, including nearly 900,000 in the United States, and it started a
> revolution in the industry.
>
> To read more about this motor vehicle milestone, please click on:
> http://pressroom.toyota.com/pr/tms/toyota/toyota-celebrates-10-years-of-16461...
>
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>
> 3. Senate Democrats Propose $4.4 Billion Spur for Natural-Gas, Electric
> Vehicles
>
> Senate Democrats have unveiled a scaled-down energy bill that would provide
> $4 billion in incentives to boost the use of natural-gas vehicles and $400
> million for electric vehicles. That is substantially less than the $11
> billion in the original legislation.
>
> The new measure includes government rebates of $10,000 to $64,000 for
> natural-gas powered cars and heavy trucks. It also includes cash grants of
> up to $50,000 to stations that install natural gas pumps and cash grants
> for R&D and demonstration projects.
>
> To read more, please click on:
> http://www.detnews.com/article/20100728/POLITICS03/7280339/1148/Energy-bill-c...$4.4
> B
>
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>
> 4. Avalon, Camry Named to List of “10 Most Comfortable Cars Under
> $30,000”
>
> Toyota’s Avalon and Camry are among the “10 Comfortable Cars Under $30,000”
> list compiled by Kelley Blue Book.
>
> To read more, please click on:
> http://www.kbb.com/car-news/all-the-latest/10-most-comfortable-cars-under-30000
>
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