Monday, January 05, 2009

Hybrid sales crushed today?

Sales of hybrid cars to crash today?Plenty of supply now

Hybrid cars and electric vehicles. They are the future, right?

Sure, I think even hybrid haters accept the reality of the electrification of the automobile, but when will the majority of vehicles sold in America be electric?

Not for decades, at least in America, if fuel prices don't rise significantly. Instead, for decades, such vehicles will be a minor niche.

In November, hybrid sales were down 50 percent, as trucks and SUVs regained some market share. How bad will sales be this month when automakers release their monthly sales? I don't know, but I drove by my local Toyota dealer yesterday. With dozens of Prius hybrids on the lot, an even bigger crash in hybrid sales wouldn't be surprising.

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4 Comments:

Anonymous Anonymous said...

there is a Prius III coming

2:22 PM  
Blogger Dahcredyns said...

No doubt. Yet, if gas prices were still about $3.00 do you think sales would be so low? What about at $4.00?

Nonetheless, I hope you're right, and that the new Prius and Insight will significantly elevate hybrid sales, even if gas prices remain low.

2:46 PM  
Blogger jonbo in AR said...

How about this? Tax gasoline, and use that tax $ to subsidize hybrids, at least for a time. Also enforce an increase in mileage on all-gas autos. I'm extremely doubtful that the price of gas will stay low. I'd like it if this country had at least been making significant progress on an alternative to petroleum when the price goes back up more permanently.

5:55 AM  
Blogger Dahcredyns said...

jonbo-

we've been advocating a gas tax for hybrid subsidies for a couple of years now, although that gas tax must also be applied to any oil-based fuel, such as diesel in my opinion.

in addition to funding for hybrids, an increase in oil-fuel taxes makes alternative fuels more cost-competitive.

9:14 AM  

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