Toyota's Lentz: 'Very, Very Bullish' on U.S. Economy

The video discusses the new Prius plug-in, highlighting its design changes and expected sales in a low gas price environment. It also covers the legacy of the Toyota Corolla, Toyota's significant manufacturing presence in North America, and the company's response to economic conditions. The discussion emphasizes Toyota's commitment to building cars locally and adapting to market demands.

What are the main factors that influence existing Prius owners to remain loyal to the brand?

• High resale value

• Availability of large pickup trucks

• Fuel economy, environment, and technology

• Low gas prices

What significant change has been made to the new Prius to enhance its appeal?

• Added more color options

• Reduced price

• Improved styling and driving experience

• Increased engine size

What is the significance of the Toyota Corolla in the automotive market?

• It has been a popular choice for learning to drive

• It was the first hybrid car

• It is the most expensive Toyota model

• It is known for its luxury features

What percentage of Toyota's sales in North America are built locally?

• 80%

• 70%

• 60%

• 50%

How does Toyota view the current economic conditions in relation to vehicle sales?

• They expect a significant decline in sales

• They plan to reduce production due to economic uncertainty

• They are optimistic due to strong consumer confidence and low unemployment

• They are concerned about high fuel prices