Hybrid vehicles now account for about 20 percent of Toyota's European sales, reflecting record-high sales there and an increase of about 13 percent a year earlier. Such higher hybrid sales - as well as more demand for Toyota's compact vehicles - helped the company double its year-earlier third-quarter profit to about $193 million. And, while Toyota's annual Europe sales are down to 830,000 from about 1 million units in 2008, Toyota's profit marks a contrast to the loss the company was taking on its higher sales five years ago. Meanwhile, the world's largest automaker has gained about a point of market share in the continent during the past year.
Hybrid vehicles now account for about 20 percent of Toyota's European sales.
As a result of higher sales, Toyota's factories in France, UK and Turkey are running full bore, and Toyota is now the 10th best-selling automaker in Europe. In Russia, Toyota and Lexus have a combined market share of about six percent there, about the same as a year ago.