Toyota Owns the Hybrid Automobile Market
By now, you have probably seen many yuppie-infested Toyota (Stock Symbol: TM) Prius' around town. Well, guess what? You will see many more in 2005 because they have upped their production to 100,000 units. With companies like Ford licensing the technology from Toyota for their own cars such as the Ford Escape Hybrid, one could say Toyota owns this market for now. Honda is a distant second with their first introduction of the Honda Civic hybrid earlier this year. The problem with Honda is that their cars just don't have that pizzazz-stylish sex appeal that early adopters such as yuppies would want. There lies the surprising success of the Toyota Prius! With this accessment, would I invest in Toyota? Absolutely!