Rick Wagoner Compares His GM Hybrids Against Toyota Hybrids

GM CEO Rick Wagoner says "We're right in that race. Right now we are rapidly expanding our offers" of vehicles powered by such alternatives as gasoline-electric engines and a gasoline-ethanol mix (Source: Bloomberg.com: Worldwide).

It also seems Rick Wagoner thinks GM hybrids are just as good as Toyota hybrids.

Wagoner said that while Toyota had a "good start in gasoline-electric hybrid" vehicle introductions, GM's hybrids are now on par with Toyota's and his company is already testing hydrogen-powered vehicles.

All in all, an interesting assertion from a company that sold under 100 hybrid vehicles in the month of November, compared to Toyota, which sold over 25,000 hybrids that month. GM is coming out with a bunch of new hybrids in the coming years, but until you walk the walk, I wonder if you should talk about it.