Despite Toyota's recent announcement that they won't be developing a diesel version of the Prius, Toyota's international business is heavily dependent on diesel sales. This dependence is likely to continue because diesel engines are more fuel efficient than gasoline.
We think it's interesting that Toyota chooses to invest in a bio diesel plant at this point in time - with Toyota so focused on cutting costs in every possible area of business, this move can only be viewed as an indicator of strategic thought.
Toyota is most assuredly moving towards a diesel future - at least everywhere in the world except North America (we can thank the EPA and CARB for that).
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