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.November 17, 2004
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This Week:

• GM Announces Standard Electronic Stability Control for SUVs

• Environmentalists Chevy And Jayni Chase Purchase 2005 Ford Escape Hybrid - World's First Full-Hybrid SUV

• Dodge Magnum and Stow 'n Go™ Minivan Technology Awarded Popular Science Magazine's "Best of What's New" for 2005

• Toyota Prius wins 2005 European Car of the Year

• Porsche(R) Makes a Profit of 1,088 Billion Euro

• BMW 1 and 5 Series Can Now go From A to B With Smartnav

• Chevrolet Passes Toyota To Earn Ranking As America's Top-Selling Certified Used Vehicle

• Rover And MG Brands Mean Business For Overseas Importers

• Honda Legend Wins Japan Car of the Year Award 2004-2005 and Most Advanced Technology Award

• California Leads the Nation in Auto Theft Rates for 2003

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Toyota Prius wins 2005 European Car of the Year

Prius reaches the top position with 406 points

Toyota Prius 

Tadashi Arashima, President and CEO of Toyota Motor Marketing Europe said: "We are absolutely delighted to receive the 2005 Car of the Year award for Prius. We believe that hybrid technology, in particular as implemented in the Prius with our revolutionary Hybrid Synergy Drive® system, represents a big step forward in reducing the environmental impact of automobiles, while at the same time enhancing driving performance. We are proud and honored that Prius has been endorsed so strongly by the prestigious group of journalists who make up the Car of the Year jury. This is a major milestone in the acceptance of the hybrid powertrain and the recognition of its potential to become a mainstream technology. It is also a great encouragement to us in our work on developing more environmentally friendly vehicles."

Photos: Toyota

Prius, the world's first mass produced hybrid vehicle, is propelled by the combination of an electric motor and a petrol engine. This unique system, called Toyota Hybrid Synergy Drive®, will spearhead the development of new environmentally friendly powertrains and is part of Toyota's effort to create the ultimate eco car.

Since its introduction in early 2004, Prius sales in Europe are expected to reach 8,500 units this year. Next year, the sales target has been set at 15,000 units for Europe, whilst an increase in production capacity will allow 180,000 cars to be sold worldwide.

(November 15, 2004)