Retail

Toyota sells more hybrids than conventional cars for 1st time

Gavin Evans
Fri, 04 Dec 2020

Toyota New Zealand is selling more hybrid cars and SUVs than conventionally powered petrol and diesel cars for the first time.Hybrids so far this year account for almost 60 percent of sales across both the Toyota and the Lexus fleet, NZ chief executive Neeraj Lala told BusinessDesk. That is up from 27 percent last year and just 8 percent in 2017.Lala said the increasing availability of hybrid options across the firm’s range is a factor. But he said consumers are also increasingly willing to pay a small premium – typically $1,500 to...

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Toyota sells more hybrids than conventional cars for 1st time

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