DaimlerChrysler Studying Hybrid Vehicles

DaimlerChrysler AG’s Mercedes-Benz division intends to have its first hybrid vehicle within five years. Plans are to sell it in the United States and Japan, but the carmaker does not think Europe’s diesel focus will be replaced any time soon by hybrids.

Thomas Weber, a DaimlerChrysler board member, remarked, “The Mercedes hybrid will take less than five years for the company to develope and it will be a typical Mercedes-Benz premium vehicle. We will establish the car in markets such as the United States and Japan where hybrids could be advantageous, for instance in cities with frequent stop-and-go traffic and in specific other conditions where excess fuel is used.”

The company ready to roll out hybrids in Europe as well should market conditions change. DaimlerChrysler is also considering working on hybrid technology with partners to keep the costs down