Toyota to put hybrid engine in all models
TRAVERSE CITY, Mich., Aug. 16 (UPI) -- All Toyota models
will have hybrid engines by 2020, the company has announced at an
automotive conference.
The success of Toyota's Prius sedan has helped spark both
foreign and American automobile manufacturers to come up with more
fuel-efficient designs. General Motors is pushing development of its
new plug-in hybrid vehicle by 2010, while Ford Motor Co. plans next
year to double its lineup and production of hybrids. Honda Motors
announced recently it will have a new hybrid to compete at a lower
price against the Prius by 2009, The Wall Street Journal reported
Friday.
Rising consumer demand has meant Toyota and Ford have not
been able to build enough hybrid vehicles. Contrary to many experts'
assumptions, Toyota's head of North American sales, Bob Carter, has
said his company makes a profit on its more than 1 million Prius
hybrids sold worldwide.
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