It's that time of month again. September 2011 sales in the U.S. have been tallied (see plug-in results here) and so we took a look at the good-old green standby, hybrid vehicles. With quake-related vehicle production issues more or less out of the picture, output of most hybrid vehicles is back on track, even if demand isn't.
Hybrid Vehicle Sales
U.S. sales of hybrid, diesel and subcompact vehicles outpaced the automotive industry's overall growth in the first quarter of 2011, according to a report released by Baum and Associates, a firm that specializes in forecasting and market research related to the auto industry. Sales of hybrid vehicles soared upwards by 33.9 percent in the first quarter of 2011, compared to the same period in 2010. Likewise, sales of diesel-engined vehicles shot up by 42.9 percent and sales of subcompact cars rose
Do you remember 2008, when the cost of gas in the U.S. jumped to levels people just weren't ready for? When gas prices soared to $3.50 an above that year, we saw the U.S. public panic, and some changed their car-buying habits (for a while, at least).
Forecasting the future of the automotive market ain't no easy task. The complex forces at work, including widely ranging government incentives and automaker's often-rosy outlooks, make predicting the future for emerging technologies all the more difficult. Will hybrids be a boon to the automotive industry? Will electric vehicles bomb? Predictions regarding the automotive industry's future are simply guesses based on some facts, complex tracking of trends, significant speculation and, sometimes,
2010 Toyota Prius – Click above for high-res image gallery
Imagine a police chase in Manhattan where a Ford Fusion Hybrid pulls up behind the criminal followed by a few Priuses, an Escape Hybrid and a couple of Altima hybrids. Now, think of the scenario where the criminal, driving his gas-guzzling Hummer, takes off out of the city limits on a long-distance chase. A hundred miles later, the criminal creeps to the side of the road running on nothing but fumes while the NYPD hybrid crew has consumed less than three gallons per vehicle. While this scenario
2009 Cadillac Converj concept – Click above for high-res gallery
What percentage of new vehicles in the U.S. will be hybrid in the year 2020? Take our poll after the jump!
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