Toyota to boost fuel efficiency 25 percent
Toyota Motor Corp. wants to boost fuel efficiency of its vehicles by 25 percent globally by 2015 as it looks to become more environmentally friendly.
That was part of its Fifth Toyota Environmental Action Plan, which sets out specific actions to be implemented from fiscal year 2011 through fiscal year 2015.
Toyota (NYSE: TM) announced the plan Wednesday and said it is based on the Japanese automaker’s environmental principles of contributing to the growth of a sustainable society and Earth through manufacturing that is in harmony with the environment, making cars and offering quality products and services.
Toyota has established three key environmental-action themes: Establishing a low-carbon society, establishing a recycling-based society and protecting the environment and creating a society in harmony with nature.
The automaker also will formulate programs, specific steps and objectives and promote comprehensive environmental management within development, engineering, procurement, production, logistics, sales and recycling, according to the announcement.
Read the full story in the Dayton Business Journal
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