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Toyota Motor Corporation (NYSE: TM) (TYO: 7203), a Japan-based automaker, is planning to develop production version of the A-BAT Concept, a unibody compact pickup.
There are several ways to think about the A-BAT. One of them is as the pickup truck variant of a Prius, as there are trapezoidal sides in common, and the A-BAT, like the Prius, utilizes a hybrid drive system.
So while the A-BAT is still an iffy proposition at this point, the Venza is going to happen.
Toyota Motor Corporation (Toyota) (NYSE: TM) (LSE: TYT) (TYO: 7203), a Japan-based automaker, has put its plans to produce A-BAT compact pick up truck on hold indefinitely.
According to Bob Carter, head of Toyota Motor Sales USA as reported in, 'We have a lot of top priorities right now, and A-BAT isn't one of them.
The automaker is also likely to develop a production version of the A-BAT Concept pickup truck under the Prius brand.
Auto Business News-23 September 2008-Toyota plans to produce A-BAT vehicle(C)2008 ENPublishing -