Toyota Motor Corporation (NYSE:TM) is set to unveil the FT-Bh hybrid city car concept at the Geneva Motor Show.

Toyota Motor Corporation (NYSE:TM) To Unveil New Hybrid

Toyota Motor Corporation (NYSE:TM), one of the world’s largest automakers, announced that it will launch a new hybrid city car concept FT-Bh at the Geneva Motor Show next month.

This concept car will be built by combining design elements of the company’s other innovative energy vehicles.

The company will debut the new car in Europe.

Toyota Motor Corporation (NYSE:TM) said in a statement, “FT-Bh has been designed to keep manufacturing costs down, with a focus on introducing the new model at a competitive point in Europe’s hard-fought city-car market”.

Toyota Motor Company (NYSE:TM) stocks are currently standing at 78.39.

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