Toyota planning second hybrid model, along with rebadged Lexus variant

To feed the insatiable demand for fuel-efficient vehicles, and follow the striking success of the Toyota Prius, the Japanese automaker will introduce a second hybrid-only vehicle in 2009. The all-new model will have a 2- to 2.5-liter engine, suggesting it will be larger than their current popular four-door hybrid (the Prius uses a 1.5-liter gasoline powerplant). The new model will be sold side-by-side with the Prius, Camry Hybrid and Highlander Hybrid. Toyota will also sell a rebadged version under the upscale Lexus brand, where it will join the LS Hybrid, GS Hybrid, and RX Hybrid. Toyota's master plan is to sell 1 million hybrid vehicles annually throughout the world, and considering the market, there's little doubt that the automaker can pull it off. Toyota's next hybrid debut is scheduled for Detroit in January, and we'll be there to cover it.

[Source: Daily Times]

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