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Monday, 21 November 2011

As inventory rebounds, oil rises Toyota banks on Prius sales jump

Toyota_prius_photo
According to Toyota Motor Corp. U.S. sales of Prius will revive with increased inventory and rising oil prices.

Deliveries of the Prius, the top-selling hybrid since 1997, declined 9.4 percent through October from a year ago.

Competitors have also stumbled.

Honda Motor Co.'s Insight fell 21 percent and Ford Motor Co.'s Fusion Hybrid sedan slid 48 percent in the same period, according to Autodata Corp.Automobile News

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