Toyota Camry Hybrid
Toyota's Camry Hybrid is selling like crazy these days. Last year, Toyota managed to sell 54,477 Camry Hybrids, an impressive figure no doubt, and sales are showing no signs of slowing down. For example, in the month of March, Toyota set a new record for the hybrid version of the Camry by selling 6,930. For the year, it is on track to sell over 60,000 of its midsize hybrid sedan, a 10 percent increase over the previous year.
During the Tokyo Motor Show last week, Toyota executives revealed that they would like to add local production of the Camry Hybrid to their Australian plant in Melbourne. They want to add a hybrid to their Australian lineup to address demands for improved fuel efficiency in that market. However as anyone who has watched the bidding battles for new plants in the US knows, Toyota wants financial assistance from the local governments to pay for the investment. Part of Toyota's reasoning for wanting