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Toyota plans 5 million cumulative hybrid sales by 2015

Wed, 08/25/2010 - 12:25am
Reuters

TOKYO (Reuters) - Toyota Motor Corp said on Wednesday it wants to reach cumulative sales of 5 million hybrid vehicles in the early part of this decade.

Toyota, the pioneer in gasoline-electric hybrid vehicles, said earlier this month it had sold more than 2.68 million hybrid vehicles globally since it launched the first model in 1997.

The best-selling Prius and other models have received a boost in Japan especially in the last year thanks to government subsidies that favor hybrids over other fuel-efficient cars.

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