5,000,000: Toyota's Prius Goal

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Toyota is pushing ahead with its altnernative-fuel business despite the bloody nose the comany has suffered from the recalls this year and last.

Even the fact that the top-selling Prius hybrid was caught up in Toyota's recall mess hasn't stopped the Japanese carmaker from dominating the hybrid market.

Toyota plans 5 million cumulative hybrid sales by 2015

(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.

Read more on Toyota's Prius plans.

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About this Entry

This page contains a single entry by Muhammed El-Hasan published on August 25, 2010 1:02 PM.

Toyota Prius To Become Noisier was the previous entry in this blog.

MUHAMMED EL-HASAN: Consumer Advocate Blames Gov't For Toyota Recalls is the next entry in this blog.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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