1 Hybrid Leader Drops Plans for Electric Vehicles
Toyota (NYS: TM) is doubling down on hybrids, with 21 new or full-model changes to be rolled out by the end of 2015. However, the downside to hybrids is that margins are lower than for conventional vehicles, and now Toyota has announced that it has dropped plans for widespread sales of its hyped electric mini-car, citing a "misread market."
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The article 1 Hybrid Leader Drops Plans for Electric Vehicles originally appeared on Fool.com.Austin Smith owns shares of Ford. Brendan Byrnes owns shares of Ford. The Motley Fool owns shares of Ford. Motley Fool newsletter services recommend Ford. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.