U.S. Markets open in 2 hrs 8 mins
9 / 11


But Toyota's correct that many modern cars offer more space, power and gadgets than many people ever use, and that even aside from environmental motivations there's latent demand for functional, efficient but unfussy transportation.

Toyota's no frills 'anti-excess' concept car

The world's largest automaker worries the world has too many cars. That's the only conclusion to draw from the latest concept car unveiled today by Toyota in Paris. Dubbed the ME.WE, and designed in a partnership with French architect/inventor Jean-Marie Massaud, Toyota calls the car an "anti-excess vehicle," designed to tread lightly on the environment with every touch of its electric-powered wheels. Toyota says the ME.WE suggests the future of transportation, which may make the present seem like a gilded age.