Wednesday, March 9, 2011

Hybrid Sales Take Off For Toyota Motor Corporation (NYSE:TM)

Toyota Motor Corporation (NYSE:TM) has sold more than 3 million hybrid vehicles. Hybrid Sales Take Off For Toyota Motor Corporation (NYSE:TM) The world's biggest automaker Toyota Motor Corporation (NYSE:TM) announced that it had sold more than 3 million hybrid vehicles around the world by the end of February. The company sells 16 hybrid models in 80 countries and is planning to introduce 10 more models by the end of 2012. Toyota Motor Corporation (NYSE:TM) introduced first hybrid model Coaster Hybrid EV in 1977. Toyota Motor Corporation (NYSE:TM) said in a statement, "With global cumulative sales of its hybrid vehicles passing the three-million mark, TMC believes that such vehicles are starting to enter the mainstream.” Toyota Motor Company (NYSE:TM) stocks were at 89.99 at the end of the last day’s trading. There’s been a 12.5% movement in the stock price over the past 3 months. Toyota Motor Company (NYSE:TM) Analyst Advice Consensus Opinion: Hold Mean recommendation: 3 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.33 Zack’s Rank: N/A out of 9 in the industry
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