skinny.

Latest / Best of Business

Neeraj Lala: Toyota NZ chief on announcement Corollas will only be sold in hybrid versions by end of next year

A shock to an old classic.

Toyota's announced the most popular car model in the world - the Corolla will only be sold in hybrid-electric versions by the end of the year.

Toyota New Zealand chief executive Neeraj Lala told Kate Hawkesby it joins some of their other models that have become fully hybrid.

He says their plan has always been to move towards a fully electrified line-up, so this is a step in that direction.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.