Toyota to Double Hybrid Allocation to U.S.

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Toyota Motor Corp., Japan’s top automaker, said Thursday it will double the allocation of Prius hybrid cars for the U.S. market in 2005, part of a companywide goal to sell 300,000 gasoline-electric hybrid vehicles worldwide by the end of next year. Toyota said the announcement coincides with the sale of its 100,000th Prius in the United States, where they went on sale in the summer of 2000. [ more ]