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At the time, a Toyota insider told 4Car: 'By 2008, carmakers selling in Europe will have to have an average of 140g/km CO2 emissions across their range.
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Tokuo Fukuichi, head of Toyota's European design centre, told Bloomberg News that the company is developing a 'global project, not one aimed at one region more than another.
Toyota showed a concept car named after Alessandro Volta (inventor of the battery) at the Geneva Motor Show back in 2003.
Toyota working on hybrid sports car - 4Car News from Channel 4
' Toyota - now the world's second-largest carmaker behind General Motors - is aiming to build production in Europe in particular, targeting 806,000 vehicles this year, up from the 638,000 made in 2005.
It is aiming to sell over 1m Toyota-branded cars in Europe this year, plus 45,000 Lexus models; by 2010, it is aiming for 1.
Toyota officials have confirmed that the company is working on a hybrid petrol-electric sports car.
' Shinzo Kobuki, head of development of hybrid systems, added: 'We made a proposal to head office for a hybrid sports car.
' Toyota is aware that, since the discontinuation of the Celica and MR2 (and Supra, in many markets) it has a gap in its range.
Toyota working on hybrid sports car 21 Jun 06 15:15 latest breaking scoop spy shots concepts motorshows events models previews news 4car channel4 motoring drive auto automotive
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Toyota France's chief Masahide Yasuda told Bloomberg: 'The sports car will come, but I don't know exactly when.
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