TOP 100 RACING SITES
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| Toyota to offer cheaper Prius in Japan? If reports in Japan prove to be correct, the battle between Honda's new Insight and the Toyota Prius is about to get a little rougher. Today's Nikkei newspaper is reporting that Toyota will offer a stripped down version of the current Prius for the Japan market at a price comparable with the Insight. The report make no mention of a similar strategy being used in the U.S. or other markets.This has been rumored for a while, but this time the Nikkei, Japan's biggest business daily, has quite a lot of details. It says that Toyota will cut the current price of the Prius in Japan from 2.33 million yen ($23,700) to 1.89 million yen ($19,300) for the lowest trim version. The Insight is on sale in Japan, starting from 1.98 million yen ($20,100). The report also claims that the cheaper Prius will continue to be sold even after the launch of the new third generation model in May. This follows reports last week in Japan that Toyota will follow Honda's lead and introduce a cheaper, smaller hybrid in 2011.Of course, if the reports are right, the risk for Toyota is that the older, cheaper Prius will eat into sales of the new version, which while superior will command a bigger price tag. With the Insight off to hot start in Japan, it seems Toyota is prepared to defend its hybrid lead by all means necessary. rss.businessweek.com |
Court rejects Ferrari's bid to stop Formula One budget caps A French court on Wednesday dismissed Ferrari's bid to stop Formula One from instituting a budget cap next season, and the Italian ... rssfeeds.usatoday.com |
Massa suffers skull fracture in high-speed wreck Felipe Massa sustained a skull fracture after his high-speed crash at the Hungarian Grand Prix and will undergo surgery, Ferrari ... rssfeeds.usatoday.com |
V8s to return to Phillip Island V8 Supercars Australia have confirmed a return to Phillip Island in November to replace the cancelled Bahrain event. foxsports.com.au |
No easy ride for Schumacher Nico Rosberg grew up admiring the exploits of Michael Schumacher but says the returning Formula One great will have to fight if he wants the No. 1 spot on their Mercedes team. foxsports.com.au |