• Most Popular
  • Most Shared

Toyota says Prius hybrid sales hit 1 million worldwide

TOKYO
Thu May 15, 2008 2:44am EDT

Stocks

   
A Prius with the new Hybrid engine is seen at the fair stand of Japanese car manufacturer Toyota at the international car show IAA in Frankfurt in this September 11, 2007 file photo. REUTERS/Alex Grimm

TOKYO (Reuters) - Toyota Motor Corp (7203.T) said on Thursday that cumulative sales of its Prius hybrid car had topped 1 million units worldwide since its launch just over a decade ago.

Stocks  |  Global Markets

The Prius, the world's first mass-produced gasoline-electric hybrid car, first went on sale in Japan in late 1997 and in other markets in 2000. Toyota remains the leader in hybrid sales, with Honda Motor Co (7267.T) a distant second with its Civic model.

Toyota, the world's biggest automaker, said it had sold about 1,028,000 Prius cars as of the end of April.

"Toyota believes that Prius vehicles worldwide have contributed to a reduction in carbon dioxide emissions by producing approximately 4.5 million tonnes less CO2 when compared with gasoline-powered vehicles in the same class and of similar size and driving performance," it said in a statement.

Toyota remodeled the Prius with an improved hybrid system in 2003 and is widely expected to launch a third-generation version by next year.

By slashing production costs for the hybrid system, Toyota has said it would make the technology available across its line-up, with an aim to sell at least 1 million hybrid vehicles annually soon after 2010.

Last year, Toyota sold about 429,400 hybrid vehicles globally, up 37 percent from 2006. That accounted for less than 5 percent of its total vehicle sales.

(Reporting by Chang-Ran Kim; Editing by Hugh Lawson)



More from Reuters

Photo

Iraq regrets Blackwater case dismissal, may sue

BAGHDAD (Reuters) - Iraq expressed its disappointment on Friday with a U.S. federal court ruling that threw out all charges against five Blackwater Worldwide security guards accused of gunning down Iraqi civilians in 2007.

A customer is served at a counter inside a foreign exchange store displaying a poster of various banknotes including the Chinese yuan or renminbi (RMB) in Hong Kong November 20, 2009. REUTERS/Bobby Yip
OUTLOOK 2010:

Be careful what you wish for

Pressure on China to loosen its grip on the yuan will continue but the U.S. should tread carefully. Here are five world market issues to watch.  Full Article 

Aurora, a 20-year-old Beluga whale, swims with her newborn calf after giving birth at the Vancouver Aquarium in Vancouver, British Columbia June 7, 2009. REUTERS/Andy Clark

365 days for the doomed

From polar bears to emperor penguins, endangered species will get top online billing in 2010 during the Year of Biodiversity.  Full Article