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Toyota's Global Hybrid Sales Top 1M

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Old Jun 7, 2007 | 02:05 PM
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Default Toyota's Global Hybrid Sales Top 1M


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(AP) -- A decade after the first Prius went on sale, Toyota's global sales of hybrid vehicles have hit a landmark 1 million, underlining the Japanese automaker's lead in "green" technology that has changed the face of the auto industry.

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 Thursday.

Sales of Toyota hybrids have climbed from just 18,000 in 1998 to 312,500 last year, the company said....

Among American automakers, Ford Motor Co. has the hybrid Escape sport-utility vehicle and General Motors Corp. sells the hybrid Saturn Vue Green Line sport-utility vehicle and hybrid trucks.

GM has also promised four new hybrids this year, the two-mode gas-electric systems in the Chevrolet Tahoe and GMC Yukon large sport utility vehicles, and hybrid systems for the Saturn Aura and new Chevrolet Malibu sedans.

Yasuaki Iwamoto, auto analyst with Okasan Securities Co., said that rivals will have a hard time catching up to Toyota in hybrids -- and that the techology will play a key role in defining Toyota in the years ahead.

"Ecological features are going to be very important for building Toyota's brand image amid intensifying competition, and Toyota will continue to push the hybrid to the forefront," Iwamoto said.
Old Jun 7, 2007 | 11:28 PM
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thats great but what about the other 6499000000 people what are they driving god
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