As the green car race between Toyota and Honda begins to heat up, Toyota is planning a new small hybrid car to take on the Insight that Honda released. Toyotas new hybrid car will be a low-prices spinoff of the Yaris, according to the chief engineer of the redesigned, third-generation Toyota Prius. When the car will hit show room floors, however, was not released, but reporters in Japan speculated it could be as early as 2011.
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