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Toyota says Prius supply to improve during summer

Source : AP
Last Updated: Thu, Jun 23, 2011 15:20 hrs

Toyota says dealers will see increased supplies of the hot-selling Prius hybrid later this summer.

A company statement issued Wednesday says U.S. dealers will get 75,000 more Priuses by the end of the year. But the announcement was later withdrawn and a Toyota spokesman says the company can't confirm how many of the hybrids will reach the U.S. by the end of the year. The Prius is built only in Japan.

Toyota says the statement was issued in error by a news release distribution company.

Priuses have been scarce due to a parts shortage caused by the March 11 earthquake and tsunami in Japan. But demand has been high since U.S. gasoline prices neared $4 per gallon.

The company also plans to roll out a Prius wagon in October.




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