U.S. Hybrid Vehicle Sales Increased by 38% in 2007
Registrations of hybrid vehicles rose to 350,289 in 2007, an increase of 38% according to R.L. Polk & Co., a Southfield-based automotive marketing and research company. The Prius remained the best selling hybrid, accounting for 51% of the hybrid market. Though high gas prices played a role in the increase, the research company claims that the biggest reason for the jump was buyers had a wide variety of different types of hybrids vehicles to choose from. California remains the number one state for hybrid vehicle sales, accounting for 26% of all hybrid vehicle registrations. Hybrid vehicle sales are expected to rise at least another 30% this year.
Source: Associated Press
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