The world’s largest automaker, Toyota Motor Corporation is planning to produce 100,000 units of a brand new hybrid-only model on a yearly basis that is scheduled to get launched in 2009.  After Prius, this new car will be the second hybrid model from the Toyota Motor Corp stable and will comprise 2-2.5-litre engine. It will be marketed under the company’s luxury Lexus brandname. At Fukuoka prefecture, the Toyota Motor Kyushu Inc is busy constructing a gasoline-electric hybrid version of the Toyota Harrier SUV and the Highlander SUV at the moment.

Outside Japan, it is being sold as Lexus RX. Due to a major dip in the demand for fuel guzzling vehicles these days, the Toyota Company this month declared a crucial revamp of its North American manufacturing structure which included a plan to build the Highlander at a truck factory in Indiana from late 2009. As such necessary modifications are going to be made by the Toyota Motor Kyushu at its factory in order to switch production from the North America-bound Highlander to the new hybrid model. The Toyota Motor Corporation targets to sell around one million hybrid vehicles yearly during the initial part of the next decade, which is double of what it sold the previous year.