Toyota Motor Corporation (NYSE:TM) is expecting to sell 220,000 Prius vehicles in 2012.

Toyota Motor Corporation (NYSE:TM) Sets Prius Target

With the launch of the new Prius c, Toyota Motor Corporation (NYSE:TM) is planning to further boost the sale of hybrid vehicles in US.

The company plans to sell 40,000 Prius c this year, and it also targets the sale of 220,000 vehicles of the Prius liftback, Prius c, Prius v wagon and plug-in hybrid version of Prius this year.

The company has sold 1.1 million Prius units so far.

Toyota Motor Corporation (NYSE:TM) group vice president and general manager Bob Carter said, “Since it first went on sale in Japan 15 years ago the Prius has been the number-one hybrid in the world”.

Toyota Motor Company (NYSE:TM) shares were at 78.91 at the end of the last day’s trading. There’s been a 22.3% change in the stock price over the past 3 months.

Toyota Motor Company (NYSE:TM) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 3
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 3
Zack’s Rank: 10 out of 13 in the industry