Toyota Motor Corp, tied with General Motors Corp as the world's largest carmaker, plans to double European sales of so-called hybrid vehicles by early next decade to help deliver 1 million of the autos annually worldwide.
``We should be at more than 100,000 units a year in Europe by the early 2010s,'' Tadashi Arashima, president of the Japanese company's European operations, said today in an interview at a conference in Bochum, Germany. ``In the next 10 to 15 years, this technology is the most efficient way to use energy.''
The Toyota City-based company sold 50,000 hybrids in Europe last year, Arashima said. Its Prius model is already the world's best-selling hybrid, or car with a gasoline-electric engine, while the Lexus luxury brand offers three hybrid models.
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