Toyota's Camry Hybrid is selling like crazy these days. Last year, Toyota managed to sell 54,477 Camry Hybrids, an impressive figure no doubt, and sales are showing no signs of slowing down. For example, in the month of March, Toyota set a new record for the hybrid version of the Camry by selling 6,930. For the year, it is on track to sell over 60,000 of its midsize hybrid sedan, a 10 percent increase over the previous year.
Sales of hybrid vehicles continued to buck the overall trend of sinking car and truck sales in 2007, according to the latest data from research firm R.L. Polk. Polk does an annual survey of new vehicle registrations and their 2008 numbers look very good for Toyota. While overall sales dropped three percent from 2006 to 2007, registrations of new hybrids jumped 38 percent. For the year, hybrid vehicles comprised 2.2 percent of the total market with 350,289 units registered. Even with several new
I missed covering this tidbit of information last week while I was traipsing through Europe, but some interesting information emerged when GM released their March sale results. GM has been making an awful lot of noise about their two-mode hybrid system with lots of announcements about all the vehicles the system will be installed in. What they aren't bragging much about is sales. That's because there isn't much to brag about. In fact it appears that the sum total of hybrid sales for all models o
When you go to the Carmax home page these days, you're greeted by the image above. As you can read, they talk about 25,000 cars available. So, which ones are popular? According to a press release sent out today by Carmax (available after the break), hybrids are.
In the first few years after Honda and Toyota introduced the Insight and Prius to the market, the price premium and limited utility of the vehicles meant they appealed mostly the most environmentally conscious drivers. As more manufacturers introduce hybrid vehicles of all shapes and sizes, the technology is rapidly becoming mainstream. That means the hybrid vehicles have to appeal to buyers on the same merits as any other vehicle. They'll have to compete on price, mileage and other features, es
No small percentage of Lexus buyers will gladly pay the hybrid premium for better-performing luxury cars. In the UK, almost a third (28 percent) of new Lexus models sold are hybrid versions, according to Just-Auto (subs req'd)
Overall, car sales in the U.S. dropped about three percent last month, which was not as bad as some analysts were guessing. The somewhat better news for HEV fans is that sales of hybrids dropped only 1.9 percent, according to number crunching by Green Car Congress. The number of hybrids sold in the U.S. (excluding GM hybrids)
Hybrid car sales are on a roll! This is especially newsworthy considering just about every other market segment is on a downward spiral. The Midwestern states are driving the hybrid demand, with Oklahoma coming in at a staggering 143 percent increase for the first seven months of '07 as compared to '06. Hawaii is the only state which reported a drop in hybrid sales. Maybe because there aren't any hy