Wednesday, May 16, 2007
Two items of note in recent automotive news: First, Toyota says it will streamline hybrid production such that, by 2010, hybrid cars will be as profitable as those with conventional drivetrains. Furthermore, Toyota (which recently surpassed GM to become the world's largest automaker) envisions all its cars being hybrids by 2020. Second, Honda confirmed plans to introduce an 'entry level' hybrid car in 2009. Pricing is expected to be below the current Civic hybrid and styled along sleeker, more modern lines. In other words, it won't look 'entry level.'