Toyota Aims To Take Hybrid Sales To New Level

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Toyota is planning to ramp up its production of hybrid cars, according to a Japanese newspaper report, which says the company aims to sell a million hybrid cars in 2011 — double the number it sold last year.

RENEE MONTAGNE, host:

NPR's business news starts with hybrid vigor.

(Soundbite of music)

MONTAGNE: Toyota is planning to ramp up its production of hybrid cars. That's according to a Japanese newspaper report which says the company aims to sell a million hybrid cars in 2011 - double the number it sold last year.

The report also says the company wants to add 10 new hybrids to its lineup over the next few years. This comes after last week's unveiling of the new FT-CH hybrid at the Detroit Auto Show. It's a sleek sedan that could be priced as low as the mid teens.

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