Toyota Shooting for One Million Hybrids by 2011

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Toyota wants to be producing 1 million hybrid cars worldwide a year by 2011, reports Reuters, quoting Nikkei business in Tokyo. That would likely be double the number of hybrids it built last year.

 
Among the 10 new hybrid models planned in the next few years, Toyota showed off one hybrid concept for the U.S. at last week's North American International Auto Show in Detroit. It's the FT-CH concept, which would be smaller, cheaper car more along the lines of the Corolla. In addition, Toyota's brass disclosed that they plan to turn Prius into a family of cars.

No word yet, though, on when Toyota will build hybrids in the U.S. It is yet to resume building its plant in Blue Springs, Miss., which would have built the Prius.

SOURCE: USA Today



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