Toyota US Hybrid Sales Surpass Million Mark
Toyota’s hybrid sales in the U.S. have surpassed the 1 million mark, the Japanese automaker said Thursday, underlining the rising popularity of the ecological vehicles. It took seven years for Toyota Motor Corp., the world’s biggest automaker, to sell 500,000 hybrids in the U.S., but has taken just two years to sell the next 500,000, [...]
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Toyota Captures 75% of US Hybrid Share
Toyota Motor Corp. said on Wednesday that Toyota hybrid and Lexus brands in the US top 1.7 million sales globally through January of this year. It also said, it has a nearly 75% share of the U.S. hybrid market, indicating American consumers have accepted the world’s first mass-produced gas-electric vehicles. Jim Lentz, TMS president, said [...]
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New Hybrid Avensis Reaffirms Toyota’s Forward Strategy
ToyotaSA, the Sabancı Holding-owned distributor of Toyota in Turkey, announced at a press conference yesterday that it will press ahead with the release of its new auto lines despite the stinging effects of the ongoing global financial crisis on the automotive sector, citing the just unveiled third generation Avensis as an example of its strategy. [...]
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Toyota Division General Manager Bob Carter said the brand will put more emphasis on hybrid vehicles in its future U.S. lineup. “It is just a reprioritization of where we think the customer is today and where the customer is going to be 24 and 36 months from now,” Carter said in an interview this month [...]


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