According to a Nikkei report Toyota will start producing hybrid cars in Australia and Thailand.


Toyota plans to rev-up hybrid plans on the back of high oil prices and will make the Toyota Camry Hybrid later this year in Thailand and in 2010 in Australia by using existing production lines for its standard Camry model there, the Nikkei business daily said.


The company aims to lift its production of hybrid vehicles to 10,000 units within three to four years at each plant, the newspaper said.


Meanwhile, Mitsubishi Motors Corp. plans to launch an eco-friendly electric vehicle based on its subcompact small car in Japan next year, Nikkei added.


Annual output is estimated at 2,000 cars at the start and will be raised to 10,000 in 2011, it said.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Exports are to start in 2010 to Britain, France and other parts of Europe as well as to Australia, Singapore and the United States, it added.