Business

Toyota hybrid sales crosses two million mark globally

World’s largest car maker Toyota Motor Corporation (TMC) said on Friday that it has crossed the two million units mark in cumulative sales of its hybrid vehicles globally. The company said it sold 2.01 million units of hybrid models worldwide as on August 31 this year.

It had first ventured into the hybrid segment in 1997 with the launch of its ‘Coaster Hybrid EV’ followed by the launch of its first mass-produced hybrid model ‘Prius.’ Japan continues to be the main market for its hybrids with a total of over 6,15,800 units sold there till August, TMC said in a statement.

In the overseas markets, TMC has sold over 14,01,100 units since 2000, when the company started exports. It had topped the one million units mark for global sales in May 2007, the company added.Among its best selling models are the Prius with cumulative sales of over 14,29,300 units, the Camry Hybrid (1,67,400 units) and the Lexus (1,46,400 units).

The company has expanded its hybrid portfolio during 2009 with new launches including the Lexus ‘RX450h’ in April, followed by the third-generation version of Prius in May and the first dedicated Lexus model—the Lexus ‘HS250h’—in July.

TMC currently sells 13 hybrid vehicle models in around 50 countries, including three commercial vehicles in the home market of Japan.

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Printable version | May 28, 2020 5:02:06 PM | https://www.thehindu.com/business/Toyota-hybrid-sales-crosses-two-million-mark-globally/article16879137.ece

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