Toyota Aims for 16% Sales Gain in Europe Next Year
Toyota Motor Corp. tells reporters an expanded lineup of hybrid-powered cars will help it increase sales in Europe 2% to 865,000 units in 2014.
#hybrid
Toyota Motor Corp. tells reporters an expanded lineup of hybrid-powered cars will help it increase sales in Europe 2% to 865,000 units in 2014.
But Didier Leroy, who heads Toyota Europe, says the company hopes to hike its sales in the 56-country region almost 16% to 1 million units in 2015.
Hybrids accounted for 20% of Toyota sales across Europe last year compared with 12% in 2012, according to Leroy. Toyota currently controls a 4.8% share of the European market.
RELATED CONTENT
-
Engineering the 2019 Jeep Cherokee
The Jeep Cherokee, which was launched in its current manifestation as a model year 2014 vehicle, and which has just undergone a major refresh for MY 2019, is nothing if not a solid success.
-
Rivian Gets Even More Money, Now From Ford
The electrification of automotive is serious business. This week it was announced that Ford is making a $500-million equity investment in Rivian.
-
The U.S. Military Finds New Roads: Fuel Cell Powered Pickups
While it seems that fuel efficiency as related to the U.S. federal government is all about light duty vehicles, that’s far from being the case.