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What's this about a Toyota Prius Prime trademark?

The fourth-generation Toyota Prius is growing ever closer to launch and might even already be on the roads testing in heavy camouflage now. A recent filing by Toyota with the US Patent and Trademark Office for the name Prius Prime hints that the popular hybrid might get something different with its new model. As is often the case with trademark filings, the information here is quite barebones. All that is officially known is that as of March 26, 2015, Toyota owns the Prius Prime name for "automobiles and structural parts thereof." Green Car Reports speculates that the moniker could be for anything from a new trim level to a completely different model in the hybrid's lineup. One possibility at least to consider stems from a rumor from last year. According to that speculation, the next Prius might be offered in two versions: one with a nickel-metal hydride battery getting around 55 miles per gallon and another with a lithium-ion pack capable of over 60 mpg. The Prime name could actually work for either of them. Of course, a trademark filing also isn't a guarantee of a vehicle actually seeing production. Automakers can sit on the names for years just for safety, but sometimes they really do point to the future. Related Video: Word Mark PRIUS PRIME Goods and Services IC 012. US 019 021 023 031 035 044. G & S: Automobiles and structural parts thereof Standard Characters Claimed Mark Drawing Code (4) STANDARD CHARACTER MARK Serial Number 86577082 Filing Date March 26, 2015 Current Basis 1B Original Filing Basis 1B Owner (APPLICANT) Toyota Jidosha Kabushiki Kaisha TA Toyota Motor Corporation CORPORATION JAPAN 1, Toyota-cho Toyota-shi, Aichi-ken JAPAN 471-8571 Attorney of Record Roberta S. Bren Prior Registrations 3625763;4091489;4219530 Type of Mark TRADEMARK Register PRINCIPAL Live/Dead Indicator LIVE

Automakers paying Chinese dealers for lower-than-expected sales

The Chinese dealers vs. foreign manufacturers story won't quit. It began with a story on the struggles faced by FAW-Toyota joint venture dealers, with supposedly 95 percent of the showrooms losing money, and 10 percent of them doing so poorly that they'd have to exit the business. The problem is mandated sales targets, most set when the country's economy was racing. Now that things have slowed, China's dealers are swimming in unsold cars and the costs to keep them. In the case of FAW-Toyota, dealers asked Toyota to hand over 2.2 billion yuan ($355 million) to help address the situation. That was followed by a report noting the issues that Honda, BMW, and Nissan dealers are having with the same issue, revealing that the Chinese Automobile Dealers Association (CADA) had taken the highly unusual step of writing to the Chinese government to complain. Now Reuters reports that CADA is not only pressing its case even harder, it's being open about it: it announced that BMW agreed to pay dealers 5.1 billion yuan ($820 million) to alleviate poor profits last year. Unnamed sources said Audi has thrown 2 billion yuan into the kitty for subsidies, and Daimler has contributed "about 1 billion yuan" to its dealers. The battle isn't just about 2014, but how business will be run in 2015 as well: Chinese Porsche dealers have requested the automaker lower its 2015 target of 64,000 cars, which would be a 40-percent increase on its 2014 sales of 46,931 vehicles. One analyst called it "shocking" that the CADA has taken its fight public, while CADA comments continue to imply that dealers have been railroaded to the cliff's edge without recourse. "Due to the difference in status," it's deputy secretary said, "individual dealers are not willing to, or don't dare to, talk frankly with the carmakers...." Both parties need one another, so they'll figure out a way to make it work – but that could mean acknowledging the Chinese market is behaving more like a mature one, not an emerging one. News Source: ReutersImage Credit: Lintao Zhang/Getty Images Earnings/Financials Audi BMW Porsche Toyota Car Dealers Luxury

Local production could improve Toyota Prius' fortunes in China

The Toyota Prius is the world's most popular hybrid vehicle, but it may take domestic production capabilities for the model to achieve a high level of popularity in China. Japan-based Toyota is aiming to produce an increasing percentage of Prius components in China in order to bring down its price there, Bloomberg News reports. Eventually, the goal is to make all Priuses sold in China in that country in order to avoid the steep 25-percent import tariff. As it is, Toyota sold just 1,400 Prius vehicles in China last year, compared to about 234,000 in the US and 315,000 worldwide. Hindering sales is the fact that the Prius costs about as much as an entry-level Audi in China, where Volkswagen is the country's best-selling automaker. Toyota has been selling the Prius in China for almost a decade but may soon find local sources for the batteries and other hybrid parts for the Prius and Camry Hybrid, Bloomberg says, citing comment from Hiroji Onishi, Toyota's China chief, at the Beijing Auto Show. Part of the problem is that the Chinese government provides less than $500 worth of subsidies for each hybrid sold, compared to about $9,600 for an electric vehicle. While that subsidy may rise as China municipalities take on the country's growing pollution problems, there's lingering concern over spurring sales of a car that's made by competing Japan. Toyota starting making some of its Prius vehicles in China in 2005 but halted production on the second-generation version of the hybrid four years later.