Monday, November 30, 2009

Toyota Targeting Increased Hybrid Sales in China

Toyota hopes to increase sales in China by 14% next year with the introduction of the Crown sedan, Camry hybrid and the new Prius.

Sales are expected to climb to 800,000 a year.

Source: Toyota Expects China Sales to Jump 14% Next Year on New Models - Bloomberg.com

Hybrid sales have not been stellar in China so far. Although recent subsidies being offered to institutions that purchase hybrids may be changing things.

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