Retail in Asia

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Toyota to unveil new hybrid, compact models in China

Firm Toyota Motor Corp., Asia’s biggest automaker, will start selling a new compact model in China next year to boost its presence in the world’s biggest car market.

Toyota will also introduce a car with a hybrid system primarily developed at its research and development facilities in Changshu, China, President Akio Toyoda said on Monday at Auto China 2012 in Beijing, where the company is displaying 38 models. He didn’t say when the company would start selling the hybrid car.