Toyota Plans Two New Hybrids

Toyota announced today that it will show two new hybrids at the 2009 Detroit Auto Show. One of the hybrids will be sold as a Toyota and the other as a Lexus. Masatami Takimoto, executive vice president research and development, said the Toyota hybrid will be "a totally new car.” He added that it would be larger than the Prius.

In addition, the company will also show the third-generation Prius. The company did not provide further details, such as timing or cost, related to the new hybrids.