Toyota Motor Corporation
) has announced that it will introduce a gas-electric hybrid
version of its new Avalon sedan. With a capacity for five people,
the vehicle will get roughly 40 miles per gallon (mpg) of gasoline
on the highway and 39 mpg on the freeway.
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The standard version of Toyota Avalon with 3.5-Liter V-6 engine and
268 horsepower will get 25 mpg in combined city-highway and 31 on
the freeway. On the other hand, the hybrid vehicle is equipped with
two electric motor-generators, gasoline engine and 200 horsepower.
Fuel efficiency plays a major role in determining the choice of
vehicles by the consumers. Generally, consumers shift their
preference to midsized cars owing to the mileage offered by the
vehicle. The new hybrid Avalon runs with a combination of gas and
electricity. It can go on for one mile with 25 mpg solely on
The new hybrid Avalon with advanced technology and stunning design
ensures both high level of comfort and dynamic performance to its
customers. Toyota expects higher sales owing to the launch of the
new hybrid Avalon. The vehicle will be manufactured in the U.S. and
will be more efficient than the existing model which is priced at
Toyota's major competitor
Ford Motor Co.
) 2013 Ford Taurus with a new 2.0-liter EcoBoost four-cylinder
engine has been empowered to deliver 32 mpg on highway. Recently,
Taurus has been certified by Environmental Protection Agency (EPA)
as the class leading in a large sedan city and as a highway fuel
Japan-based Toyota is the leading automaker in the world in terms
of sales and production. Its product portfolio consists of a full
range of models from passenger cars, mini vans and trucks as well
as related parts and accessories. The company's other competitors
General Motors Company
Honda Motor Co.
Toyota Motor occupies the number one position in hybrid cars
market. It focuses on hybrid and environmental-friendly vehicles
such as electric and fuel cell vehicles with the vision of
enriching the people's traveling experience with improved
Currently, Toyota retains a Zacks #1 Rank, which translates into a
short-term (1 to 3 months) "Strong Buy" rating. We have a long-term
(more than 6 months) "Outperform" recommendation on the stock.