Add Listing
Homepage
Blog
The Numbers Are In, Hybrid Sales Break Records in 08The Numbers Are In, Hybrid Sales Break Records in 08

The Numbers Are In, Hybrid Sales Break Records in 08The Numbers Are In, Hybrid Sales Break Records in 08

Eric Loveday
March 30, 2009
0 Comments
Electric

Buyers have shown increasing interest in hybrid vehicles during the past few years and 2008 is no exception.  Despite economic downturn, hybrid sales still increased dramatically in 2008.
Consumers want hybrid vehicles.  The numbers prove it.  Amidst slumping vehicle sales, hybrid vehicles still saw gains overall in 2008 compared to sales in the 2007 model year.  Sales of hybrid vehicles in the North American market in 2008 jumped to 372,744 units, an increase of 23.2% over 2007 sales of 302,445 units.
Growth of hybrid sales can be linked to increased production and increased availibility of hybrid vehicles.  Domestic production of hybrid vehicles jumped 131.5% in 2008 as new hybrid models from companies such as Saturn and Nissan hit the market.
Hybrid sales rose in all categories including light trucks.  Light truck hybrids increased 22.5% in 2008 due to increased availibility with new products from Ford and Mercury and hybrid cars increased 23.5%.  SUV hybrid sales also showed an increase for 2008.
Though the automotive market as a whole saw decreased sales, hybrids did not.  Early predictions expected hybrid sales to be higher than they were in 2008, but the economic downturn caused hybrids to fall short of the goal.  However, an increase of 23.2% during the tough economic times is certainly respectable. 
2008 marks the fourth consecutive year of increased hybrid sales in the North American market since the introduction of the Ward’s survey in 2005.  With more hybrids on the way, 2009 may mark the fifth consecutive year.
Source:  Wards Auto

 

 

 

 

View original artcle at:  “https://www.greencarreports.com//news/1019757_the-numbers-are-in-hybrid-sales-break-records-in-08”

Electric

Add a comment

Your email address will not be published. Required fields are marked *

Categories

Recent Posts
Electrify America EV charging network set to grow by 25% in 2024 Read more
Tesla cancels cheapest Model Y, adds Long Range version
Tesla cancels cheapest Model Y, adds Long Range version Read more
Report: GM's Cadillac might not go all-EV by 2030 after all Read more
Review: 2024 Acura ZDX Type S keeps first EV mostly on-brand
Review: 2024 Acura ZDX Type S keeps first EV mostly on-brand Read more
Read All Posts

About us

John Hendricks
Blog Editor
We went down the lane, by the body of the man in black, sodden now from the overnight hail, and broke into the woods..
Popular Tags
battery car carbon emissions Car industry Cars charging station China climate change CO2 emissions Diesel car e-mobility Electric electric car Electric Cars Elon Musk Europe European Union EVs Fossil fuels France Fuel cell electric vehicles FCEV Germany Green transportation Hanoi Housing market Hybrid Hybrids Lithium Mercedes-Benz Mobility Pollution premium road Road safety Road transport self-driving Sustainability Sustainable innovation Sustainable technology Tax Technology Tesla Transport vehicle Vietnam

Related posts

AutosEU
With a market presence in 9 countries AutosEU is an important part of the entire EU alternative mobility industry. AutosEU empowers people to drive their dreams by making the buying experience more simple, efficient and stress-free.
+420 773 969 126
[email protected]
Náměstí I. P. Pavlova 1785/3, Nové Město, 120 00 Praha, CZ IČO: 09652914 VAT Number: CZ09652914
Copyright © 2023. All rights reserved.