With Toyota hybrid cars accounting for 79% of all hybrid cars sold in June 2005, Toyota has also monopolized the expected future niche. Fuel economy, low emissions and great performance have led majority customers to choose hybrid models like Pries, Lexus RX 400h and Highlander. Overall, by 2008, Toyota is expected to show an annual capacity of building 1.81 million vehicles in North America alone. With this rapid speed in development, it won’t be surprising if Toyota becomes the number one automobile company much sooner.
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Source:- IIPM Editorial