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Toyota Financial Services issues first Euro-denominated Green Bond allocated specifically to the sales of low-emission vehicles; €600M

Green Car Congress

The €600-million (US$704-million) bond will be used to fund the acquisition of new retail finance contracts and beneficial interests in lease contracts for Toyota and Lexus vehicles that meet specific clean air criteria, including powertrain, fuel efficiency and emissions. Qualifying Lexus vehicles include the CT 200h and ES 300h.

Toyota 150
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Road Test: 2022 Mercedes-Benz S500 4Matic Mild Hybrid

Clean Fleet Report

The 48-volt system also improves fuel economy, especially on the highway. liter at 21 mpg city/30 highway/24 combined. In 274 miles of driving through Southern California and using the air conditioning at most times, we averaged 27 mpg, but on a 150-mile all-freeway run using the adaptive cruise control set to 65 mph, we averaged 32.8