Toyota Working to Drop Price of Prius

prius2.jpgTaking advantage of the unprecented demand for their vehicles, along with the resulting economy of scale, Toyota has announced a goal to cut the price premium for hybrid automobiles in half. That means that going hybrid will no longer require such a premium over a regular car. Can Toyota pull it off? Most likely they will, according to this USA today article. (via Grist)

Nick Aster is a new media architect and the founder of TriplePundit.com

TriplePundit.com has since grown to become one of the web's leading sources of news and ideas on how business can be used to make the world a better place.

Prior to TriplePundit Nick worked for Mother Jones magazine, successfully re-launching the magazine's online presence. He was instrumental in the creation of TreeHugger.com, managing the technical side of the publication for 3 years as well as an active consultant for individuals and companies entering the world of micro-publishing. He earned his stripes working for Gawker Media and Moreover Technologies in the early days of blogging.

Nick holds an MBA in sustainable management from the Presidio School of Management and graduated with a BA in History from Washington University in St. Louis.