Toyota Dreams Of Green Car Future, But Tied To Gas-guzzler Present

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Toyota Dreams Of Green Car Future, But Tied To Gas-guzzler Present

by Wochit 0:39 mins

Toyota Dreams Of Green Car Future, But Tied To Gas-guzzler Present

by Wochit 0:39 mins

Toyota Motor Corp is hitching its future to green cars, investing billions of dollars in gasoline-electric hybrids and fuel-cell vehicles, but for now its record profit performance is being powered largely by a gas-guzzling U.S. market. In the United States, relatively cheap gasoline prices helped to spur brisk 9 percent growth in industry-wide light truck sales in the first half of the year, making that one of the fastest-growing major global market segments - accounting for about one-tenth of global vehicle sales.

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