German study sees U.S. hybrid market at 10% by 2012
An important German automotive industry newspaper, Automobilwoche, is reporting that German auto-analysts are forecasting the US market for hybrid vehicles to exceed 10% of the total light vehicle market by 2012.
Moreover,German auto analysts from B&D Forecast GmbH, also believe that sales of hybrid light vehicles will increase from just 83,000 units in 2004 to three million units by 2015, almost 17.7% of the current total US light vehicle market.
Earlier today J.D. Power and Associates forecast that by 2008, 30 hybrid vehicle models will be available for sale. However, Power forecasts that hybrid sales probably won't surpass much more than 3 percent of the U.S. auto market - ever.
Despite the discrepancies in American and German auto analysts, like their American counterparts, European auto-manufacturers fear being left behind.
Last year Toyota sold almost 54,000 Prius cars, and the hybrid leader will be launching the hybrid Highlander and the Lexus RX400h hybrid later this year. Honda, Toyota's Japanese contender, sold 25,700 hybrid Insights, Civics and Accords in 2004.
The Ford Escape hybrid, the only real American contender, has moved about 1000 units per month since its Fall launch, a small percentage of overall hybrid sales.
Join the Soultek Hybrid Car Club to stay informed on this issue.
Moreover,German auto analysts from B&D Forecast GmbH, also believe that sales of hybrid light vehicles will increase from just 83,000 units in 2004 to three million units by 2015, almost 17.7% of the current total US light vehicle market.
Earlier today J.D. Power and Associates forecast that by 2008, 30 hybrid vehicle models will be available for sale. However, Power forecasts that hybrid sales probably won't surpass much more than 3 percent of the U.S. auto market - ever.
Despite the discrepancies in American and German auto analysts, like their American counterparts, European auto-manufacturers fear being left behind.
Last year Toyota sold almost 54,000 Prius cars, and the hybrid leader will be launching the hybrid Highlander and the Lexus RX400h hybrid later this year. Honda, Toyota's Japanese contender, sold 25,700 hybrid Insights, Civics and Accords in 2004.
The Ford Escape hybrid, the only real American contender, has moved about 1000 units per month since its Fall launch, a small percentage of overall hybrid sales.
Join the Soultek Hybrid Car Club to stay informed on this issue.
Labels: Accord hybrid, Civic hybrid, Escape hybrid, Ford, Ford Escape hybrid, Highlander hybrid, Honda, Hybrid Vehicles, Lexus hybrid, prius, toyota



1 Comments:
More people should learn about electric vehicles as a solution. "Zero emissions" is something that's going to be required by law one day (you know it will). Making the decision to go electric is far cheaper anyway, like 10 cents on the dollar vs. gas. (source: zapworld.com)
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