Wednesday June 14, 2006

Toyota to double hybrid output

iht.com :

Toyota Motor said that it would double the number of hybrid models it offers to 14 by the early years of the next decade as part of its effort to meet higher demand for fuel-efficient vehicles. The carmaker will also completely revamp its gasoline engine line-up by 2010 and introduce ethanol-fueled vehicles in Brazil by 2007.

Toyota's president, Katsuaki Watanabe, plans to eventually offer all the company's vehicles with hybrid gasoline-electric motors, as record fuel prices curb demand for conventional vehicles. General Motors and Ford Motor have suffered as consumers opt for hybrids and small cars over sport utility vehicles and pickup trucks.

With the introduction of the Prius in 1997, Toyota was the first automaker to release a hybrid. Japan's biggest carmaker is aiming to make as many as 400,000 gasoline-electric vehicles in 2006, 60 percent more than 2005's target. The company's hybrid models include Prius cars, Camry sedans, Highlander sport utility vehicles and Coaster buses.

See also :

1. Toyota Hybrid Sales Top 500000 Worldwide
2. Toyota to introduce new hybrid system in 2008
3. Toyota to go all-hybrid

(2006-06-14 22:28:20 SGT) [Tech] Permalink

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