Report: Toyota Aiming for 40 Percent Increase in Global Hybrid Sales

Toyota said on today that it is aiming for a 40 percent jump in its global sales of gas-electric hybrid vehicles. The company expects to sell 430,000 units this year. Toyota also said that it is aiming to boost domestic production of the Toyota Prius by 40 percent to 280,000 units. The Toyota Prius has gained popularity in America amongst environmentally conscious drivers.

Toyota is also expected to introduce a new of hybrid-only model in 2009. The new hybrid-only model will be a midsize model that will have Toyota’s third-generation hybrid gas-electric system with a 2.5 or 3.0 liter engine.

In 2006, Toyota’s hybrid sales rose 33 percent from a year earlier to 312,500 units.
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jon21 - 1/24/2007 11:28:11 AM

+1 Boost

Good job Toyota!

99gs400 - 1/24/2007 12:00:37 PM

+1 Boost

Way to go Toyota !!!

paul3230 - 1/24/2007 11:01:59 PM

+1 Boost

Perhaps..would be interesting to see if they can achieve that with lower gas prices in the US

paul3230 - 1/24/2007 11:02:41 PM

+1 Boost

Oh, and don't forget GM will be introducing quite a few of their own..might be hard for Toyota to double their sales.