Toyota Global Hybrid Sales Top 5 Million

Before you go, we thought you'd like these...
Before you go close icon

Toyota U S A Headquarters exteriors, Torrance, Ca.Toyota Motor Corp. (NYSE: TM) posted worldwide sales data for the period that ended on March 31, including sales of hybrids, which many analysts believe is the future of the industry. The Japanese car company said of its global hybrid sales:

[C]umulative global sales of its hybrid vehicles topped the 5 million unit mark as of March 31, 2013, reaching 5.125 million units.

Positioning response to environmental issues as a management priority and based on its belief that environment-friendly vehicles can only truly have a positive impact if they are used widely, TMC has endeavored to promote the mass-market adoption of hybrid vehicles.

Last year, hybrid vehicles accounted for 14 percent of TMC's global vehicle sales and 40 percent of its vehicle sales in Japan. As of this month, TMC sells 19 hybrid passenger car models and one plug-in hybrid model in approximately 80 countries and regions around the world, and between now and December 2015, TMC will launch a total of 18 new hybrid vehicles worldwide and is committed to augmenting its product.


Filed under: 24/7 Wall St. Wire, Autos, Retail Tagged: TM
Read Full Story

Markets

S&P 500 2,388.77 1.32 0.06%
DJIA 20,981.33 6.24 0.03%
NASDAQ 6,048.94 23.71 0.39%
DAX 12,445.96 2.17 0.02%
NIKKEI 225 19,196.74 -55.13 -0.29%
HANG SENG 24,615.13 -83.35 -0.34%
USD (per EUR) 1.09 0.00 0.29%
USD (per CHF) 0.99 0.00 -0.08%
JPY (per USD) 111.33 0.11 0.10%
GBP (per USD) 1.29 0.00 0.28%

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners

13 People Recount Their First Kiss Horror Stories 13 People Recount Their First Kiss Horror Stories
Large Numbers Of Horses Are Being Stuffed Into These Crates For A Despicable Reason Large Numbers Of Horses Are Being Stuffed Into These Crates For A Despicable Reason
Man Suspects His Wife Is Cheating On Him - Then His Daughter Reveals What's Really Going Man Suspects His Wife Is Cheating On Him - Then His Daughter Reveals What's Really Going