SENDAI, Japan -- Toyota Motor Corp. said Tuesday that despite the strength of the yen against the dollar, it would start domestic production of a new compact hybrid vehicle by next year, some of which would be exported overseas.
The new gas-electric engine powered hybrid, to be built at the Toyota group's Kanto Auto Works factory in the northeastern Iwate Prefecture, was one of 11 new or upgraded hybrid models the company plans to introduce globally in the next two years.
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