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Showing posts with label Hybrid Car Sales. Show all posts
Showing posts with label Hybrid Car Sales. Show all posts

Tuesday, November 2, 2010

According to US News and World Report, "Despite all the hype surrounding hybrid and electric cars, some people just aren’t buying it. According to a new study, “some people” are most consumers."

That really doesn't cut it with me. Despite the hype and the hysteria surrounding the sales of hybrids, most people don't take into account hybrid car costs. But even though hybrid cars and SUVs are still luxury items, over 1% of the US market comes from Prius sales.

Let me repeat that in a slightly different way: 1 out of every 100 cars sold is a Prius.

There are very few cars that can say they make up such a large percentage of US consumers.  There are even fewer luxury cars that even come close to it.  Other hybrid cars aren't as fuel efficient, aren't as inexpensive and just plain aren't as good as the Prius. Which is why the Prius still dominates the hybrid car market place.

In the same article, JD Powers and Associates predicts that by 2020, over 7 percent of the passenger vehicles sold will be hybrids. Do you know of any other luxury option that will be doing as well?
Category: articles

Wednesday, October 6, 2010

The BBC is reporting the end of government subsidies has led to a drop in Prius sales in Japan. For almost a year and a half, Toyota has sold more Prius each month than in the prior year.

The Prius has also been the most popular car in Japan since the subsidies started. But with the end of the subsidies has come a drop of 14% over last years sales numbers. The Prius was still the number one car in September, however.

The Honda Fit was the second most popular car in Japan according the Japan Automobile Dealers Association (JADA).

"The Prius remains hugely popular, but its sales tumbled due to the end of green car subsidies," said association spokesman Toshiki Miyake.

"Many consumers put off decisions to buy green cars following the end of government incentives."

The Prius will continue to be the most popular car for months to come, as the back log of orders is still being filled.
Category: articles
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