Earlier this week, Toyota announced that it has sold 5 million hybrid vehicles worldwide, with 2 million of them sold in the United States.
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It appears one temporary solution to the auto resin shortage may have been found, allowing major automakers such as GM, Ford, Toyota, and others to continue production.
The world's largest automaker, is getting larger. Toyota updated its profit forecast for the full year to 1.67 trillion yen, or $16.9 billion
For the first time in about 100 years, hybrid and electric-powered vehicles appear to be gaining traction in the new car market.