Toyota Australia cuts the price of its Prius hybrid-electric vehicle A$5,000-A$7,500 ($5,267-$7,900), depending on the model, as the cost of the hybrid technology falls. The base Prius will start at A$34,990 ($36,858), while the top-of-the line Prius i-Tech will be priced from A$45,990 ($48,455). David Buttner, Toyota Australia sales and marketing-senior executive director, says the auto maker’s fundamental approach is to set prices that consumers find attractive and establish ...

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