Car insurance: Mazda to offer new hybrid option

Thursday, 01 April 2010

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Mazda is to borrow the technology from Japanese rival Toyota's Prius to develop its own eco-friendly car, the two companies have confirmed.

The firm, famous for models such as the MX-5, hopes to have its green car available to motor insurance customers by 2013 as it looks to match other manufacturers devoting more time to eco-friendly transport.

Toyota will provide its rival with the petrol-electric powerplant used in its flagship Prius model, which is the most popular hybrid car in the world, with sales topping 2.3 million.

The decision comes after Mazda pledged to increase the average fuel economy of its vehicles by 30 per cent by 2015 compared to its 2008 level.

Toyota has said that it is of benefit to everyone that motor insurance customers make as little impact on the environment as possible and is therefore open to selling its eco-friendly technology to other firms keen to make a difference.

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