Toyota Motor Corp is hitching its future to green cars, investing billions of dollars in gasoline-electric hybrids and fuel-cell vehicles, but for now its record profit performance is being powered largely by a gas-guzzling U.S. market. In the United States, relatively cheap gasoline prices helped to spur brisk 9 percent growth in industry-wide light truck… Continue reading VIDEO: Toyota Dreams Of Green Car Future, But Tied To Gas-guzzler Present
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VIDEO: Japan PM Says Will Offer About $20,000 Subsidy For Fuel-cell Cars
Japan will offer at least 2 million yen ($19,700) in subsidies for fuel-cell vehicles, Prime Minister Shinzo Abe said according to media, as the government and Japanese carmakers including Toyota Motor Corp join forces to speed up the introduction the vehicles. The subsidy would mean that consumers would pay about 5 million yen for Toyota’s… Continue reading VIDEO: Japan PM Says Will Offer About $20,000 Subsidy For Fuel-cell Cars