Toyota Plans to Sell Ethanol Cars in U.S. by 2008

Tokyo, Japan [Reuters] Toyota Motor Corp. plans to sell ethanol-powered vehicles in the United States by 2008, following the lead of domestics General Motors Corp. and Ford Motor Co., the Financial Times reported on Wednesday, citing an unnamed company executive. A Toyota spokeswoman in Tokyo acknowledged that Japan’s top auto maker was developing flexible-fuel vehicles, mainly for the ethanol-smitten Brazilian market for starters, but declined to disclose specific product plans. …
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