Toyota Plans Hybrid Launches After European Sales Fall

Japanese Toyota Motor's European sales fell 20% year-on-year (y-o-y) in 2009, to 855,294 units, while those in its luxury division Lexus dropped 40% y-o-y, to 27,057 units. The company blamed the results on an overall slump in the European market, which accounts for nearly 14% of its global sales, and on a series of changes in its product line-up.

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