Toyota addresses Congress on hybrids

Ethanol was just getting entirely too much attention, so Toyota Motor Company is back on its soap box hawking hybrids and demanding equal time. The automaker addressed Congress on Wednesday, hoping to offset the support Detroit automakers are receiving over their push toward E85 fuel and remind everyone out there of the importance of hybrids. The automaker announced it could make one million hybrids a year, more than doubling the number of hybrids on the road in the United States today and contributing to lessening the country's dependence upon foreign oil. General Motors, Ford Motor Company and the Chrysler Group have all pledged to increase their hybrid investments as well, but neither will come close to knocking Toyota off as king of that particular hill.

[Source: Reuters]

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