Toyota Prius Top 500,000 Sales Worldwide
The popular Toyota Prius hybrid car has reached global sales totaling to 504,700 units as of April 30, a company news release said. The Japanese automaker has also announced that it is advancing its research and development of plug-in hybrids with the goal of developing a next-generation vehicle, which will have extended range capacity using only the electric drive. Toyota plans to double the number of models featuring hybrid drivetrains by the early 2010s.
Toyota launched the Prius in Japan in 1997. In 2000, its production was just 12,000 units annually. By 2003, the completely redesigned 2004 second-generation model was launched in the U.S. where it became a hit. By 2005, more than 100,000 units were produced for the U.S. market alone, and in May 2006, U.S. Prius sales topped the 250,000 mark.
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