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Tuesday, May 14, 2024

Record sales help Toyota keep global crown

Japanese carmaker sees strong demand for hybrids but is still far behind rivals in battery EVs

A 2024 Toyota Camry hybrid electric vehicle is displayed at AutoMobility LA in Los Angeles in November. The world’s best-selling carmaker is a market leader in petrol-electric hybrid vehicles but is playing catch-up to the likes of BYD and Tesla in battery EVs. (Photo: Bloomberg)

TOKYO – Toyota Motor Corp is poised to keep…

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