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Toyota is basing its production plans on projections that US gas prices could rise as high as $5.00 a gallon as soon as 2015. The Japanese automaker also believes the full-size truck market will experience a significant recovery in the near future. Despite demand for its fuel-efficient Prius hybrid reaching an all-time high, it is unable to increase production of the vehicle until the 2011 model year. But gas hit $4.00 a gallon earlier this year: It seems unlikely that it'll take seven years for it to rise another dollar, so is Toyota being too optimistic with its projections? More »
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