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Toyota Worldwide Hybrid Sales Top 1 Million

Discussion in 'Gen 2 Prius Main Forum' started by nyconrad, Jun 7, 2007.

  1. nyconrad

    nyconrad Cconrad in Virginia

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    My highlighting:

    Toyota Worldwide Hybrid Sales Top 1M
    AP Jun-07-2007
    </span>Toyota said Thursday global sales of its hybrid vehicles have topped 1 million, a landmark for the Japanese automaker that leads the world in "green" cars.

    Toyota Motor Corp.'s cumulative sales of gas-and-electric-powered vehicles totaled 1.047 million as of the end of May. Of those, nearly 345,000 hybrids were sold in Japan, while 702,000 were sold abroad, the company said in a statement.

    The Prius is the clear leader, with a total of 757,600 units sold since its 1997 introduction in Japan. Toyota began selling the Prius in North America, Europe and other places in 2000. Last year, the model made up more than 40 percent of hybrid sales in the U.S.

    Demand for hyrids, which deliver superior mileage by switching between a gasoline engine and electric motor, has soared amid higher oil prices and greater consumer concern about pollution and global warming.

    Toyota offers several other hybrid models, including the hybrid Camry and hybrid Lexus models.

    Toyota also began selling its most expensive hybrid, the $124,000 Lexus LS 600h, recently in Japan. It will be exported over the summer, according to the company.

    Toyota produces its hybrids in Japan, in China since 2005, and in Kentucky since last year.

    <span style="color:#000099">But not all hybrids sell well. Honda Motor Co. earlier this week said it will discontinue the hybrid version of its Accord sedans, which has done poorly. Sales of the Accord hybrid, available only in North America, totaled just 439 last month, while Toyota sold 24,000 Prius cars during the same period.



    (I posted whole story because you have to be a subscriber to access the link)
     
  2. ken1784

    ken1784 SuperMID designer

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  3. PriusSport

    PriusSport senior member

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    Sure, but keep in mind that the vast majority of Toyota's inventory are conventional cars and trucks. It has to move those vehicles. Maybe that's why they increased Prius prices. They clearly aren't looking for hybrid market share to rise too rapidly. They probably don't have the capacity right now, anyways.