Japanese automaker Toyota Motor Corp. (TM) Wednesday said nearly 2 million Toyota and Lexus hybrid vehicles have been sold in the U.S., significantly reducing carbon dioxide emissions and fuel consumption.
The announcement was made by Toyota Motor Sales, USA, in conjunction with Toyota Motor Corp.'s announcement in Japan that it has sold 5 million hybrid vehicles worldwide.
Toyota estimates that its global fleet of nearly 20 hybrid vehicles has led to around 34 million fewer tons of carbon dioxide emissions than those emitted by gasoline-powered vehicles.
In addition, Toyota estimates its hybrids have saved their owners more than 3 billion gallons of gasoline compared to gasoline-only powered vehicles.
Toyota and Lexus hybrid vehicles make up 70 percent of the U.S. auto industry's total hybrid sales. They account for 16 percent of overall Toyota/Lexus sales, globally and locally.
Between now and the end of 2015, Toyota will introduce 18 new hybrid models and expects global sales of its hybrids to be at least one million units a year in the same period. The firm forecasts that about one-third of those will be sold in the U.S.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.