Toyota Leads Race for 'Green' Cars

The sale of the one-millionth Prius emphasizes Toyota's early lead in hybrid vehicle sales. But Honda plans to introduce a low-cost hybrid car in the U.S. market early next year. And Nissan and GM will follow a year later.

Copyright © 2008 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required.

RENEE MONTAGNE, host:

NPR's business news starts with an auto race that's green.

And in that race, Toyota is still way in the lead. The company has just sold its millionth Prius. The hybrid car that combines electric power with gas has come to symbolize the entire hybrid car market. But other big automakers are gunning their engines, hoping to catch up.

Today, Honda announced plans to introduce a low-cost hybrid car into the U.S. market early next year. The following year is when Nissan plans to introduce its own hybrid car into the U.S. It's also when General Motors hopes to launch its plug-in hybrid - the Chevrolet Volt.

Copyright © 2008 NPR. All rights reserved. No quotes from the materials contained herein may be used in any media without attribution to NPR. This transcript is provided for personal, noncommercial use only, pursuant to our Terms of Use. Any other use requires NPR's prior permission. Visit our permissions page for further information.

NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.