Toyota Motor Corporation Working On New Hybrid

It has been reported that Toyota Motor Corporation (NYSE:TM) is developing the world’s most fuel-efficient hybrid.

Toyota Motor Corporation Working On New Hybrid

Citing people familiar with the project, various reports say that the Japanese auto maker giant Toyota Motor Corporation (NYSE:TM) is developing a small hybrid car that can travel 60 kilometers per liter of gasoline.

The automaker is trying to reduce the body weight and air resistance of the vehicle to get the result.

Toyota Motor Corporation (NYSE:TM) is expected to introduce the car to the market from the latter half of the 2012.

Toyota Motor Company (NYSE:TM) company shares are currently standing at 83.01.

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