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1st Toyota Camry Hybrid Built In KY

New Media Producer: Kerry Corum

Toyota's largest North American plant is set to roll out its first Kentucky-built hybrid Camry on Thursday.

Hybrid production required a $10 million investment for equipment modifications and training.

Kentucky legislators passed tax legislation last year, allowing carmakers to recover some costs of building hybrids.

Toyota officials cited the move in announcing their decision to build the hybrids in Georgetown.

The base manufactured retail price for the 2007 hybrids is around $26,000.

The move positions Camry to take a larger share of the gasoline-electric hybrid market in the United States.

The Camry is already the best-selling automobile in the United States.

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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