Hybrid car sales go from 60 to 0 at breakneck speed; Hybrid Car Sales Take Off
Hybrid whiplash. (Two articles w/ dissimilar headlines… 3/17/2009)
- Hybrid car sales go from 60 to 0 at breakneck speed
The gas-electric vehicles are piling up on dealers’ lots as anxiety over gasoline prices evaporates. But more hybrid models are on the way.
…Americans have cut back on buying vehicles of all types as the economy continues its slide. But the slowdown has been particularly brutal for hybrids, which use electricity and gasoline as power sources. They were the industry’s darling just last summer, but sales have collapsed as consumers refuse to pay a premium for a fuel-efficient vehicle now that the average price of a gallon of gasoline nationally has slipped below $2.”When gas prices came down, the priority of buying a hybrid fell off quite quickly,” said Wes Brown, a partner at Los Angeles-based market research firm Iceology. “Yet even as consumer interest declined, the manufacturers have continued to pump them out.”
Last month, only 15,144 hybrids sold nationwide, down almost two-thirds from April, when the segment’s sales peaked and gas averaged $3.57 a gallon. That’s far larger than the drop in industry sales for the period and scarcely a better showing than January, when hybrid sales were at their lowest since early 2005…
- Hybrid Car Sales Take Off
…The hybrid vehicle market is about to heat up. Major car makers are expanding their hybrid offerings with new innovations and improvements, including greater fuel economy, all designed to help the environment. Toyota, Lexus, Ford and Honda all have announced major milestones over the past week.Toyota Motor Sales USA Inc. says the total combined Toyota and Lexus hybrid vehicle sales in the U.S. now have topped the one-million mark, thanks to six hybrid vehicles including the top-selling Toyota Prius. The Prius is touted as the all-time worldwide leader in hybrid sales.Cumulative worldwide sales of Toyota and Lexus hybrids have exceeded 1.7 million vehicles through January 2009. The car maker projects sales of one million gas-electric hybrids per year by early in the next decade with the launch of 10 new hybrid models between now and 2012…
Which is it? Tell us what you think in the comments.
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A good articles.Now this hybrid term we often hear. What is it hybrid? and how the prospects in the future?