Toyota touts new ethanol hybrid technology, laments Brazil woes

Steve St. Angelo, Toyota Latin America CEO: "I have 40 countries I'm responsible for, why can't I export Brazilian-made Corollas to my 40 countries? It breaks my heart." (REUTERS\/PAULO WHITAKER/REUTERS)

By:

Leonardo Lara

November 13, 2018 05:00 AM

SAO PAULO -- Toyota’s new ethanol hybrid vehicle being developed in Brazil is exceeding all the manufacturer’s expectations, said Steve St. Angelo, the carmaker’s CEO for Latin American and the Caribbean and its chairman in Brazil.

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