Toyota plans production of hybrids in US,China

Toyota Motor Corp. plans to start making an annual total of 100,000 hybrid vehicles in the U.S. and China, a news report said Wednesday. Japan's largest carmaker has kept its hybrid production at home to protect key technologies. But high prices are undermining its sales in the two largest car markets, and the firm has decided to turn to local production, the Nikkei business daily reported without citing any sources. Toyota plans to beg...