Toyota sees plug-in hybrids catching on faster than conventional hybrids

Toyota's chairman, who led the development of the Toyota Prius, expects the latest plug-in hybrid vehicles will catch on with consumers far more rapidly than the original Prius did.

Valeo plans $5 million test track in suburban Detroit

Valeo North America plans to build a low-speed test track and new supporting building near Detroit in Auburn Hills, Mich.

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