US hybrid vehicle sales jump 49%
US sales of new hybrid cars jumped 49% in the year’s first seven months, due in part to a Midwest sales boom, an auto information company said Monday.
Midwest hybrid sales soared 57%, with the Toyota Prius and hybrid version of the Toyota Camry the most popular models, R.L. Polk & Co. said. Oklahoma led all states with a 143% increase in hybrid sales, compared with 2006’s first seven months, Polk said. Hawaii was the only state to report a decline in hybrid sales, dropping 5.3%. Hybrid sales rose 42% in the South, 49% in the Northeast and 52% in the West, Polk said. While it was No. 2 in growth, the West led in total volume, anchored by No. 1 hybrid vehicle-registration state, California, Polk said.
“Hybrids are a bright spot” in an otherwise down US auto market, with the category projected “to easily exceed 300,000 vehicles this year,” or more than 2% of total US vehicle sales, industry analysis Director Lonnie Miller said.
US consumers bought 254,545 hybrids in 2006. The growth in hybrid sales is in part due to high fuel prices, “differentiating themselves from other consumers and environmental activism,” Miller said. Hybrid sales will likely continue to grow nationwide, she said. (m&c.com)
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.