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Toyota reduced costs by 50% on Camry engine

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Eric Nothman, Feb 28, 2006.

  1. Eric Nothman

    Eric Nothman Prius owner

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  2. naterprius

    naterprius Senior Member

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    I mean, wow. Reading that article really drives home why Toyota is so good at what they do.

    Nate
     
  3. Tideland Prius

    Tideland Prius Moderator of the North
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    Not only that, the new GR series engines (the new 3.5 litre) are lighter and has less components than the MZ series engines (3.0 & 3.3 litre).

    If they can do it for engines, they most certaintly can do the same for the battery, motors and so on. I mean, I'm sure the people in charge of the RAV4 EV aren't out of a job =)
     
  4. unique2006

    unique2006 Junior Member

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    too bad they arent passing that 50% savings or some of it to the customer :p
     
  5. TonyPSchaefer

    TonyPSchaefer Your Friendly Moderator
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    I know you're just joking, but seriously a great amount of the money saved on manufacturing is being pumped into Research and Development: the kinds of things that make Hybri Synergy Drive possible.
     
  6. Obi-Wan Kenobi

    Obi-Wan Kenobi New Member

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    If the pricing I saw for the 2007 Camry is correct. I think the savings are being passed on to the consumer. I think the price is almost the same as they are now and you get waaaaaayyyyy more car.
     
  7. Schmika

    Schmika New Member

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    So, what are the impediments to the US car maker CEO's walking in and saying, HOW do we get productions costs down by even 10%. Oh yeah, big salaries, union rules, gov't regulations......
     
  8. Tideland Prius

    Tideland Prius Moderator of the North
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    Yeah, the Camry LE price is now Cdn$25,800 compared to $24,990 for the 2006 version. The XLE V6 is now $37,245 compared to $36,835.