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Business

New Toyota hybrid promised

Despite the current global slump in care sales, Toyota expects to have a future. To that end there are reports in Japan that the car maker's planning a new hyrbid model that will sell for 20% less than the Prius.
Written by Harry Fuller, Contributor

Despite the current global slump in care sales, Toyota expects to have a future. To that end there are reports in Japan that the car maker's planning a new hyrbid model that will sell for 20% less than the Prius. That would put the base price of this new Toyota at just over $20K.

Toyota's new hybrid would launch in 2011 to compete with the relaunched Insight from Honda.

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