Last year, Toyota's hybrid sales increased by thirty-three percent and this year the company is aiming for forty percent, with total worldwide sales of 430,000 vehicles. Toyota is also planning to increase production of the Prius by forty percent to 280,000 annually. It will be interesting to watch how the US hybrid market evolves this year if gas prices remain relatively low in the $2/gallon range.

[Source: Reuters]

Share This Photo X