Lexus Unveils Installation by Suchi Reddy, Shaped by Air, Alongside Prototypes by LEXUS DESIGN AWARD Winners During Milan Design Week

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Toyota (TM) to invest $338M to build new hybrid flex car in Brazil

April 19, 2023 1:58 PM EDT

Toyota Motors (NYSE: TM) announced Wednesday that the Japanese automaker will invest 1.7 billion reais ($337.68 million) to manufacture a new hybrid, flex-fuel compact car in Brazil.

Most vehicles in the country can run on 100% ethanol. However, Toyotas new vehicle will reportedly run on both gasoline and... More