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Toyota Hybrid Sales Surpass 8 Million

Toyota Motor Corp. reports its worldwide cumulative sales of hybrid-powered vehicles reached 8.04 million at the end of July.
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Toyota Motor Corp. reports its worldwide cumulative sales of hybrid-powered vehicles reached 8.04 million at the end of July.

It took the carmaker, which introduced its first mass-produced hybrid at the end of 1997, more than 17 years to reach the total.

Toyota says nearly 3.9 million of its hybrids to date sold in Japan, followed by 2.8 million in North America and 930,000 in Europe. The company's most popular model, the Prius sedan, accounted for 3.5 million of the total.

Separately, the company plans to stop assembling Prius cars in Thailand indefinitely because of slow sales and a dispute about the proportion of components sourced locally. The government has ordered Toyota to pay an 11 billion baht ($309 million) fine, plus higher tariffs and taxes similar to those levied on imported vehicles.

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