AP News

News Summary: Toyota expands range of hybrids

By The Associated Press
September 24, 2012

TOYOTA CHARGES UP: Toyota is boosting its green vehicle lineup, with plans for 21 new hybrids in the next three years, a new electric car later this year and a fuel cell vehicle by 2015 in response to growing demand for fuel efficient and environmentally friendly driving.

WELL-TRAVELED: The carmaker is counting on its reputation for green technology that it has built with its hit Prius, the world's leading gas-electric hybrid, to woo buyers and fix its brand battered by the massive recall scandal in the U.S. a few years ago.

GREEN RUSH: Rivals are working on green offerings, too, such as Nissan's Leaf electric car. Another challenge is that customers in emerging markets, which are driving growth in demand for autos, are still not as interested in hybrids and other fancy — and expensive — technology.

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