2012 was a rocking year for hybrid vehicle sales here in the US, and Ward's Auto has written up an interesting piece that breaks some of the sales data down. The number-crunchers have tallied, for instance, that the 427,605 hybrids sold in 2012 is a 64-percent increase on the 261,507 sold in 2011.
Hybrid Car Sales
Through the first six months of the year, Americans purchased 61,214 diesel-powered vehicles, not including heavy-duty diesel pickup trucks, according to a study by HybridCars.com and Baum and Associates. That figure represents a 27.5-percent improvement over the previous year.
According to a recent study conducted by JPMorgan, hybrid sales are about to take off. Last year, there were some 480,000 total hybrid vehicles sold around the world, which represents less than one percent of global sales. By 2020, though, JPMorgan predicts that 11.28 million hybrids will be sold annually, representing over 13-percent of all vehicles sold.
Despite all the clamor about how hybrids are going to save the planet, cure cancer, facilitate the second coming, etc., sales of battery-pack-mobiles are down nearly ten percent for 2008. At the beginning of 2008, it looked like hybrids were going to have their best year ever, driven by high fuel prices and a recessive economy. That recession, however,has caused consumers to cut way back, leading to dramatic drop in fuel prices, killing much of the argument for a hybrid's price premium. Consumer