Toyota predicts hybrids will one day dominate

04/18/2013 | Wall Street Journal, The

Toyota is predicting hybrid cars will one day become the majority of cars on the road; the company sold its 5 millionth hybrid this year. Hybrids are 14% of Toyota's global market, but 40% of the company's vehicle sales in Japan are hybrids. "In eco-conscious countries, I believe that hybrid cars will become the majority. I'd never really used the term 'majority' before, but I think it will go that way," said Toyota Vice Chairman Takeshi Uchiyamada.

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