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The brand said it will invest $3.17 billion to launch eight models globally, including five in high-value segments.
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Top automakers announce plans to manufacture and sell hundreds of thousands of hybrids in the US over the next five years.
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Reports a 2.9% year-over-year drop in sales and the first monthly contraction since January.
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Toyota Motor Corp. is getting closer to using up a key U.S. tax credit for hybrid and electric vehicles, a situation company leaders say will raise its costs and hinder the adoption of climate-friendly cars.
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ORIAS has added private label versions of the Re Imagined Core and Hybrid Model Program to its product line which are available now to agents and dealers nationwide.
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The percentage of alternative-fuel vehicles in the overall automotive market has dwindled over the last three years, the NADA Used Car Guide said this week. Hybrids continue to make up the majority of the alternative fuel market, but data does show consumers are beginning to shift toward electric vehicles in greater numbers.
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