Toyota Plans to Double Hybrid Production By 2011

Toyota Motor Corp aims to double its global output of gas-electric hybrid cars to 1 million units in 2011

Published: 18-Jan-2010

Toyota, the world's largest automaker, had said it aimed to sell 1 million models annually worldwide soon after 2010 and has been ramping up its push on hybrids, introducing the Sai sedan in Japan recently, the brand's second hybrid-only model.

Low emission hybrids have enjoyed strong sales thanks to generous subsidies and tax breaks. The Prius, Toyota's flagship hybrid, became Japan's best-selling car in 2009.

"For the foreseeable future, the focus of Toyota's (low-emission car) strategy will be on hybrids, not electric or fuel-cell cars," said Yoshihiko Tabei, chief analyst at Kazaka Securities, adding the production volume reported by the Nikkei was in line with his expectations.


2009 Cadillac Escalade Hybrid

All of that luxury does come with a price: roughly $70,000, writes Scott Burgess.

Infiniti G35 Prototype Hybrid

First Infiniti Hybrid likely to be G35 and is expected to arrive in USA in 2010.

2010 Ford Fusion Hybrid will qualify for $3,400 federal tax credit.

Purchases or orders of new Ford Fusion and Mercury Milan hybrids made by March 31 will qualify for a $3,400 credit on their 2009 tax returns.


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