Toyota Hybrids Maintain Over 60 Percent Market Share in California Since 2008
TORRANCE, Calif. (July 29, 2013) – Californians prefer Toyota hybrids over those of any other automaker as the brand continues to outsell its competition. In California, approximately six out of 10 hybrids sold are Toyota hybrids (61 percent market share). Despite tougher competition in the hybrid segment, Toyota’s hybrid leadership remains unmatched.
“The hybrid industry has become competitive, but our wide-range of hybrid vehicles continue to deliver high value and strong attributes to both new and loyal customers,” said Bill Fay, group vice president and general manager of Toyota Motor Sales, USA, Inc. “With sales of 5.3 million hybrids globally and over 2 million in the U.S., we the are undisputed leader in hybrid vehicle technology and remain committed to building on our momentum and growing the acceptance of hybrid technology throughout the U.S.”
According to data from R.L. Polk capturing registration year-to-date through May 2013, Californians bought five times more Toyota hybrids than its nearest competitor, Ford. General Motor’s Chevrolet brand came in third with six percent.
In a state known for environmental leadership, an overwhelming number of Californians turn to Toyota hybrids to deliver cleaner mobility, reliability and real-world fuel savings. In fact, registration data year-to-date through May 2013 shows Californians bought more Toyota hybrids than Ford sold passenger cars within its entire line-up.
Toyota established its leadership in hybrid technology in the U.S. in 2000 with the introduction of its first generation Prius. In 2012, Toyota expanded the Prius from one model to four, which continues to bring new buyers into the market. The Prius family was the number one selling vehicle in California in 2012. Today, one out of every two hybrids in California carries the Prius name.
Since introducing the Prius to the U.S. market, Toyota has produced a total of six other hybrid models for the region, including Camry, Highlander and Avalon. Over the past decade, Toyota has sold nearly 1.5 million Prius vehicles in the U.S., and more than 90 percent are still on the road today. Toyota also offers customers a Prius Plug-In hybrid in 15 states, and features six hybrids in its Lexus line-up, Toyota’s luxury division. Worldwide, Toyota has 20 hybrid vehicles spanning 60 countries and regions.
Globally, Toyota hybrid vehicles have resulted in approximately 34 million fewer tons of CO2 emissions than those emitted by gasoline-powered vehicles, and have saved their owners more than 3 billion gallons of gasoline.
Toyota remains on track to offer 18 new or redesigned hybrid models globally by the end of 2015.
Toyota will be hosting an event at the end of August in Ypsilanti, Mich. The exclusive event will be the first gathering of the global hybrid vehicle line-up, and will focus on the past, present and future of Toyota’s hybrid commitment.
Toyota (NYSE:TM) established operations in the United States in 1957 and currently operates 10
manufacturing plants. There are more than 1,500 Toyota, Lexus and Scion dealerships in the United States, which sold more than 2 million vehicles in 2012. Toyota directly employs over 31,000 in the United States and its investment here is currently valued at more than $19.5 billion, including sales and manufacturing operations, research and development, financial services and design. Toyota's annual purchasing of parts, materials, goods and services from U.S. suppliers totals over $27.5 billion. For more information about Toyota, visit www.toyota.com, www.toyotanewsroom.com or www.toyotainaction.com.
Toyota Business Communications
Carly Schaffner (310) 468-6976
Amanda Rice (310) 468-1745
Media Web sites: http://www.toyotanewsroom.com