Today, Toyota Motor Corporation announced that they have sold four million units of hybrid vehicles as of April 2012. Of the total four million, 1.5 million have been sold in the U.S. which accounts for 65 percent of all hybrid vehicles sold here.
Since being introduced to the US market in 2000, Toyota has sold 1.2 million Prius hybrids in the U.S. Toyota also produces hybrid model versions of the Camry and Highlander.
Toyota’s landmark sales announcement is part of the larger positive trends we’ve seen in vehicle sales over the last several months. Motor vehicle production has increased significantly and car sales have exceed a 14 million annual rate in each month this year, the fastest pace since 2008.
The development of hybrid technology and growing hybrid vehicle manufacturing and production is important for our energy sustainability.
It’s a good sign for manufacturers that auto sales continue to be a part of the manufacturing renaissance driving job creation and economic growth.
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