Thursday 26 August 2010

Toyota to sell 5mn hybrids by 2015

Toyota Motor Corp says it wants to nearly double sales of its gasoline-electric vehicles to reach cumulative sales of 5 million units by the middle of this decade.

The Japanese company, already the biggest player in the hybrid market, has a goal to sell one million hybrids annually in the first half of this decade, Reuters reported.

The world's largest automaker announced earlier this month it had sold more than 2.68 million hybrid vehicles globally since it launched the first model in 1997.

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