Toyota Australia banking on big hybrid sales boost in 2024

AutoExec Summary
Toyota Australia is expecting to sell around 90,000 hybrid vehicles in 2024, making its electrified range the third best-selling ‘brand’ in the country. This would see Toyota’s hybrid range outsell most other brands in Australia. The brand is also planning to evolve its model portfolio to provide more opportunities for customers to reduce their carbon footprint. Despite this, the Prius nameplate is unlikely to return to the Australian market.

Brands mentioned: Toyota, Mazda, Ford, Kia, Hyundai