Report: Toyota Prius line may not reach 2013 sales target

Discussion in 'Industry News' started by NewsBot, Apr 22, 2013.

  1. NewsBot

    NewsBot Grand Toyotaholic

    Joined:
    Mar 30, 2008
    Messages:
    7,011
    Likes Received:
    9
    Filed under: Car Buying, Hybrid, Hatchback, Toyota


    [​IMG]

    2012 was a good year for the Toyota Prius line, the hybrid that started it all moving 236,659 units, being the best-selling model in California for the year and the Prius C (pictured) being deemed the most reliable car of 2012 by Consumer Reports. Then 2013 happened, and gas prices dropped more than expected, and people haven't been buying the little hybrids like they used to.

    A report in Bloomberg says Toyota set 250,000 units as the Prius family's sales target for this year, but hits like the double-digit drop in year-on-year performance in February have helped lower 2013 sales by 8.4 percent compared to 2012, making the objective "a challenge" to reach. The declines in Prius sales come even as hybrid sales overall were up in the first couple of months this year, including sales of other Toyota and Lexus hybrids. Jim Lentz, Toyota's North American chief, said the Prius target would be adjusted if necessary.Toyota Prius line may not reach 2013 sales target originally appeared on Autoblog on Mon, 22 Apr 2013 14:15:00 EST. Please see our terms for use of feeds.



    Permalink | Email this | Comments

    Read More...
     

Share This Page