Toyota parked their plug-in Prius hybrid prototype at its North American market debut during the LA Auto Show. The company did issue a press release, In it, they announce that a global demonstration program will start this month in Japan and that the first batch of 500 Lithium-Ion batteries for those vehicles is moving down the assembly line as we speak. The 2010 Toyota Prius Plug-in Hybrid (PHV) uses Toyota's Hybrid Synergy Drive package but adds their first generation lithium-ion battery so it can go all-electric further and more quickly than a traditional hybrid. The electric-only range is just 13 miles, but the Prius PHEV will be able to run all the way up to 60 mph in electric-only mode.
Beyond that, the plug-in Prius reverts to regular hybrid mode with the gas engine and electric motor trading off depending on load and demand. The gas engine is important on this Prius PHEV and cars like the Volt because it lessens the "range anxiety" drivers might feel in a pure electric - That uneasiness that comes from thinking you could be stranded when the batteries run down.
Japan and Europe split the first batch of 350 vehicles, but early next year, the next 150 examples are coming Stateside. These first PHEV vehicles will serve as a test program for real world driving needs, kind of like the MINI E program going on right now. Toyota has already announced that Boulder, CO is going to be the first community to get some of these plug-in hybrids - a surefire way for Toyota to see how cold temps affect battery performance. You can read the rest of the presser after the jump and there's a gallery available by clicking any image below.
*gallery coming soon*
Toyota

Besides the top-level Limited model on stage,
Also make sure you check out the 2011 Sienna's trick 16-inch LCD monitor for rear seat passengers and the reclining seats with extendable footrests, two features we've never seen in this segment before.

Tokyo - TOYOTA MOTOR CORPORATION
(TMC) announces it has developed a Supplemental Restraint System (SRS)
rear-seat center airbag-the first*1 in the world-to help reduce the
severity of secondary injuries incurred by rear-seat passengers in a
side-on collision.
Toyota unveiled the Scion iQ concept today at the New York Auto Show.
Ever since the iQ debuted in Europe last year, the expectation has been
that Toyota would sell the micro compact car as a Scion here in the
U.S. to compete against the Smart ForTwo. What surprised us were the
modifications made to the iQ for its debut in the States. In keeping
with the customization culture that is rampant among Scion owners, the
concept features widely flared fenders and super-size 18-inch wheels.
Like
the current production model, the concept iQ features 3+1 seating with
a very compact air conditioning unit that fascilitates an asymmetrical
dashboard. This allows the front passenger seat to slide forward so
that one adult can fit in the back. One new innovation in the iQ is a
rear window airbag that provides protection to rear seat passengers
whose heads are butted up against the rear glass. The concept also
features lots of special lighting and a pop-up 10-inch LCD embedded in
the dash.
Toyota Financial Services Corp. (TFSC) has been in the headlines recently. It may be stating the obvious, but this doesn’t happen too often. As Toyota’s financial unit, TFSC’s business is to provide vehicle financing to customers and dealers. It is a critical role, but not one that has traditionally garnered much attention from the media.
But when reporters recently learned that TFSC has been in talks with the state-backed Japan Bank for International Cooperation, (JBIC) about a possible loan, suddenly, some newspapers and blogs around the world were screaming "Bailout!" It is an understandable initial reaction given how long we’ve been reading headlines of banks, auto manufacturers and other companies seeking government assistance to keep their doors open. However, Toyota, as we all know, is not at risk of shutting its doors.
So, let’s just set the record straight.
Unlike other companies that have sought government loans to keep their manufacturing and operations afloat, we are not seeking any funds for operational expenses. A role of the JBIC is to respond to financial disorder in the international economy. TFSC’s discussion with the JBIC is to explore additional sources of funding so that we can continue to provide consumers access to the credit they need.
Exploring funding options with the JBIC is not terribly unlike the many other endeavors to arrange funding that we undertake every day. We keep a diversified array of funding sources to ensure that we can do our part to keep credit available to car buyers and dealers at a reasonable cost. In fact, most analysts and industry observers have praised TFSC for considering the JBIC as a funding source.
Anything that can help ease the American and global credit crunch and get consumers back into the showrooms should be considered a positive move.
-George Borst
President & CEO
Toyota Financial Services

The numbers don't look good.
November car sales were down 30 percent from last year. While shoppers are used
to doom and gloom sales numbers coming out of Detroit, the declines are now
industry-wide, with Honda posting a 32 percent decline, Toyota sales dropping
34 percent, and even venerable Porsche reporting a nearly 50 percent drop in
sales.
While these numbers obviously spell
trouble for automakers, what they mean for car shoppers isn't immediately
clear. The credit crisis has continued for months and with
belt-tightening becoming the new American pastime, car shoppers are finding
themselves adrift in a sea of bad industry news, rising new car incentives, and
little advice for consumers.
That's where this year's U.S. News Best
Car for the Money awards come in. Car shoppers face an uncertain economy and a
shrinking ability to borrow. The key to surviving the current marketplace is to
stretch your dollars as far as they'll go -- but that doesn't mean flocking to
the biggest incentives. It means focusing on cars that are proven winners
and offer a great value over the entire life of the car.
The Awards
The Best Car for the Money awards use
data from U.S. News' online automotive rankings (at www.rankingsandreviews.com) to
find cars that are among the best in their class. The rankings are based
on the collective opinion of the automotive press, which helps to eliminate
subjectivity and elevate expert opinion about each car. The awards also
take initial price into account, but more importantly, they incorporate the
five-year total cost of owning the car. Using data from IntelliChoice, an
industry leader in determining new car values and ownership costs, the awards
include how much buyers can expect to spend on maintenance and fuel, as well as
how much of a hit they'll take from the car's depreciation. As a result, the
awards tell you which cars are the best for your money over the long
haul. Read
more on the awards methodology.
The Winners
Across 14 new car classes, the clear
winner is Toyota. Five Toyotas won Best Car for the Money in their
classes, with Lexus, Toyota's luxury marquee, pulling in another three.
Chevrolet and Mazda each claim two awards and Honda and Korean upstart Hyundai
each claim one. Five of the award winners are even available as hybrids - most
of which are also great values.
Despite ranging in size from the tiny Honda
Fit to the hulking Chevrolet
Tahoe, the winners have a lot in common. They share a high level of build
quality that makes for worry-free and low-cost ownership. One of the reasons
Toyota models take so many of the awards is because of their bulletproof
quality. That not only lowers the cost of maintaining Toyotas -- it means
that they retain value better than most other cars.
The winners have something else in
common: they are favorites in the automotive press. Not because they tear up
drag strips or star in music videos, but because they are extremely livable.
Each winner occupies an automotive sweet spot that makes it an attractive
choice for the vast majority of car shoppers. Take the Lexus ES,
the Best Upscale Car for the Money: it doesn't drive as sharp as the BMW
3-Series and doesn't look as sharp as the Mercedes
Benz C-Class, but taken as a total package, it's very comfortable to drive
and easy to live with on a daily basis -- not to mention easier on your
wallet.
Some winners, like the Mazda5,
the Best Compact Crossover for the Money, take the best of what class leaders
like the Toyota
RAV4 and Honda
CR-V have to offer, but pack in an appealing lower price. The case of
the Hyundai
Elantra, the Best Compact Car for the Money, proves what many have been
saying for years: Honda and Toyota should watch their backs because Hyundai is
making not just economical cars, but very good ones.
Time to Buy
It's a confusing time to be shopping
for a new car. While there are some incredible deals to be had, many of those
incentives are for cars that don't offer a lot of value in the long term.
Worse, a car with thousands of dollars in cash-back offers may be tough to
drive, and laden with features you don't need.
The U.S. News Best Car for the Money
awards cut through fog surrounding the auto industry to point out the cars that
combine value with day-to-day livability. As scary as it is to part with
thousands of dollars in this economy, by sticking with the cars that offer
maximum satisfaction at a minimal cost, your money will go further and your
driving will be happier. And, who knows? Happy new car buyers may be just
the stimulus this economy needs.
Source: U.S. News & World Report’s Car Rankings, www.usnews.com/cars
Watch the unveiling video here! Make sure you turn
your speakers down to a reasonable level. If the video sputters a bit
in the beginning, hit the pause button, wait about 10 seconds, then hit
the pause button again.
Special thanks to Autoblog!
PRESS RELEASE
DETROIT, January 12, 2009
--- Toyota Motor Sales (TMS), U.S.A., Inc., unveiled the all-new 50-mile-per
gallon rated third-generation Prius hybrid vehicle today at the 2009 North
American International Auto show.
Celebrated as the benchmark for cars of the future, the Prius has delivered
superior fuel economy and ultra-low emissions to more than one million owners
worldwide for more than 10 years.
The midsize third-generation 2010 Prius will offer even
better mileage ratings, enhanced performance, and innovative design features.
It will be quieter, roomier, and equipped with advanced standard and available
features such as a moonroof with solar panels, four driving modes, Intelligent
Parking Assist (IPA) and steering wheel touch controls that display on the
instrument panel.
An Eco-Icon
The first-generation Prius
entered the market in 1997 as the world's first mass-produced hybrid. The name
Prius, "to go before" in Latin, became symbolic of a car that was launched
even before environmental awareness had become a mainstream social issue.
From the beginning,
In designing the new,
third-generation Prius,
Fuel Economy and
Environmental Performance
The new Prius will be built using processes that reduce
pollution in every stage of vehicle life, from production and driving, through
to disposal.
The third-generation Prius
extends its record of continuous improvement in fuel economy. The
first-generation Prius, which was rated 41 EPA combined mpg, was replaced by
the current model, which is EPA rated at 46 mpg, combined city/highway. Using a
combination of technologies, fuel efficiency was increased to an estimated 50
miles per gallon for the new Prius.
A larger and more powerful
1.8-liter Atkinson-cycle, four-cylinder engine will power the new Prius.
Contrary to conventional wisdom, the larger engine actually helps improve
highway mileage. By making more torque, the new engine can run at lower average
rpm on the highway. When operating at lower rpm, the new engine uses less fuel.
Mileage is especially improved in cold-start conditions and at higher speeds.
Use of an electric water
pump and a new exhaust gas recirculation (EGR) system also contribute to the
engine's efficiency. The 1.8-liter Prius engine is the first
A multi-information display
panel that monitors fuel and energy consumption is standard. It provides
feedback on the Prius' efficiency using three different displays to help the
driver acquire economical driving habits.
Unlike most other hybrid
vehicles available, Prius has been a "full" hybrid since
introduction. This allows it to run on engine alone, battery alone, or a
combination of both. The system blends the best of parallel hybrid and series
hybrid designs to achieve the ability to operate on the electric mode alone,
and to charge the batteries while the car is running.
The patented
The new Prius will offer three
alternative driving modes. EV-Drive Mode allows driving on battery power alone
at low speeds for about a mile, if conditions permit. There is also a Power
Mode, which increases sensitivity to throttle input for a sportier feel, and an
Eco Mode, which helps the driver achieve their best mileage.
Cutting Edge Styling
In designing the new Prius, aerodynamic performance was
an important factor. The goal was to create a beautiful silhouette, while not
compromising function. Designers preserved the dynamic triangle form of the
current model--instantly
recognizable as a Prius--but made alterations to the overall profile, pillar
position and angle. The front pillar, extended forward, helps refine the
performance-focusing, shaped form.
The overall height of the
Prius is the same, but the roof profile is altered by moving the top of the
roof 3.9 inches to the rear. This emphasizes the wedge shape, and also allows
for enhanced rear headroom and improved aerodynamics.
The design of the new Prius'
front and rear corners are sharp, sporty and aerodynamic. Strong side character
lines, rising from front to rear, define the glazed geometric shape. Viewed
from the rear, wider rear treads provide a solid, firmly rooted stance.
Dimensionally, the new Prius
has the same wheelbase as the current generation. Overall length is slightly
increased by 0.6 inches, in part by moving the front cowl forward.
World's Lowest Cd
The new Prius received more
wind tunnel hours of testing than any other
Advanced Equipment For a New Era
An available sliding glass
moonroof is packaged with solar panels, located over the rear seating area,
that power a new ventilation system. This solar powered ventilation system uses
an electrically powered air circulation fan that does not require engine
assist. The system prevents the interior air temperature from rising while the
vehicle is parked, making the cool-down time shorter when the driver returns to
the vehicle, thus reducing the use of air conditioning.
The remote air-conditioning system is the first system in
the world to function on battery-power alone and that can be remotely operated,
so the driver can adjust the interior temperature for comfort before getting in
the car.
Reducing the vehicle's power
consumption, available LED (light emitting diode) lamps are used for low beams
and also in the tail and stop lamps. Air conditioning, a major energy drain,
has been re-engineered to increase efficiency and cool-down performance. In
addition, an exhaust heat recirculation system reduces heat waste by warming
engine coolant during cold startup, for improved performance. It also heats up
the passenger cabin more efficiently.
Enhanced Vehicle Performance
The next-generation Prius is
built on a new platform, which enables improved handling stability, quieter
operation, and collision safety. The suspension consists of front struts and a
rear intermediate beam design, as before, but handling stability is advanced by
improving the stabilizer layout, higher caster angle and tuning the bushing
characteristics. Disc brakes are now used on all four corners, replacing the
front disc/rear drum brakes in the current model.
Weight was saved through use
of aluminum in the hood, rear hatch, front suspension axle and brake caliper
and super high-tensile steel in the rocker inner, center pillar, and roof
reinforcement. To meet customer expectations for everyday performance,
zero-to-60 acceleration has been improved to 9.8 seconds, more than a second
faster, in internal testing.
Better-performing sound insulation, working with improved
vibration damping, has been installed in various locations to reduce road
noise.
Functional Interior Is Bigger on the Inside
Proving that small changes add up to big gains, the cargo
area of the new Prius was expanded 0.4 inches in length and 2.2 inches in width
by using a new and an improved layout of the battery cooling unit.
Rear seat legroom is
enhanced by a new space-saving contoured front-seat design.
Viewed from the cockpit, the
center cluster smoothly flows from the instrument panel to the console. Handy
storage space has been added under the shift lever by taking advantage of the
shift-by-wire system. Simple, fin-type air vents are consistent with the
cabin's efficient appearance. Judicious use of silver accents adds a finished,
technical feel.
Touch sensors on the steering wheel switches are designed
to reduce driver eye movement for better concentration on the road. When the
driver touches the audio or info switch located on the steering wheel, a
duplicate image is displayed on the instrument panel, directly in front of the
driver. This system, called Touch Tracer, is the first system
in the world to allow steering wheel controls to read out on the instrument
panel.
The ECO indicator on the Multi-Informational Display
(MID) provides driver feedback for lower fuel consumption.
In pursuit of developing
various advanced technologies aimed at realizing sustainable mobility,
Safety Enhancements
The new Prius was designed
to comply with class-top level collision safety performance in each global
region of sale, and to accommodate increasingly strict safety requirements in
the future.
In addition to advanced
driver and front passenger Supplemental Restraint System (SRS) airbags front
and rear side curtain airbags, driver and passenger seat-mounted side airbags
and driver's knee airbag are standard equipment.
Active headrests are used in
both front seats to reduce the possibility of whiplash in a collision.
Anti-lock Brake System (ABS), Electronic Brake Distribution (EBD), Brake Assist
(BA), electronic traction control (TRAC) and Vehicle Stability Control (VSC)
are included with
Dynamic Radar Cruise Control
system, using advanced millimeter wave radar, is an available option. The
system also enables Lane Keep Assist, which helps the driver stay safely within
the lane, and the Pre-Collision System, which retracts seatbelts and applies
the brakes in certain conditions when a crash is unavoidable.
Next-generation Intelligent Parking Assist features
simplified settings to help guide the car into parking spaces.
A backup monitor, which
provides a view of rear obstacles when reverse is engaged, is available with an
optional voice-activated navigation system.
Safety Connect,
The development of the Prius
has required applications for over 1,000 patents filed across the world, of
which 292 are
Pricing for the 2010 Prius
will be announced shortly before it goes on sale late spring.
2010
PRUIS PRELIMINARY SPECIFICATIONS
POWERTRAIN
1.8-liter four-cylinder engine with VVT-i
Engine horsepower: 98 hp @ 5,200 rpm
Engine torque: 105 lb-ft @ 4,000 rpm
Electric motor: Permanent magnet synchronous motor
Electric motor power output: 80 hp/153 lb-ft torque
Hybrid system net horsepower: 134 hp
Emission rating: SULEV (with AT-PZEV)
Electronically controlled continuously variable
transmission
Drive System: Front-wheel-drive
Hybrid battery pack: Nickel-metal hydride
Estimated fuel economy: 50 mpg (combined)*
DIMENSIONS (inches)
Overall Length: 175.6
Overall Width: 68.7
Overall Height: 58.7
Wheelbase: 106.3
Ground clearance: 5.5
Coefficient of Drag: 0.25
Wheels: 15-inch alloy wheels
17-inch alloy wheels (optional)
Tire Size: 15-inch: 195/65R15
17-inch: 215/45R17 (optional)
Seating Capacity: 5
EPA class rating: Midsize
American Recovery and Reinvestment Act of 2009 was signed
into law on
Tax deduction for buying a new car. The stimulus law also
gives a tax
deduction for state or local sales or excise taxes if you buy a new car
(not a used car). To qualify for the tax deductions, you must buy a new car
under $49,500 between the date the law is signed and
|
Bought When? |
By Whom? |
Tax Break |
|
Before |
anybody |
None |
|
|
|
tax deduction for sales tax |
Source: CCH Tax Briefing. Full text of American Recovery and Reinvestment Act of 2009.