Toyota welcomes new hybrid competition from Hyundai, Nissan, Kia, GWM Haval, and more

18 March 2024, 10:00 am

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Toyota welcomes new hybrid competition from Hyundai, Nissan, Kia, GWM Haval, and more
Image: Drive
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Toyota welcomes new hybrid competition from Hyundai, Nissan, Kia, GWM Haval, and more
Image: Drive

AutoExec Summary

Toyota Australia, a pioneer in petrol-electric models with the Prius, now faces competition from Hyundai, Nissan, GWM Haval, Kia, and Honda in the hybrid market. Despite this, Toyota remains confident in its offerings and embraces competition for the benefit of consumers. The RAV4 was the best-selling hybrid model, but will face challenges from Kia Sportage and Hyundai Tucson. Toyota also faces competition in other segments like the Corolla Cross, Camry, and Kluger. The brand’s long-term hybrid strategy has proven successful, and it plans to continue leading in the market.

Brands mentioned: Toyota, Hyundai, Nissan, GWM Haval, Kia, Honda.

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