Friday, September 3, 2010
Hybrid sales drop off for August; even Prius records a 37.5% decline
11:41 PM
Filed under: Hybrid, Ford, Toyota, Green Daily2010 Toyota Prius - Click above for high-res image gallery
One month of dreary sales does not spell the end of the hybrid, but the numbers reported for August do hint that without a rise in gas prices, sales of hybrid cars and trucks will likely continue to suffer. As a whole, hybrid sales dropped 40.4 percent this August compared to a year ago, and even the industry's volume leader, the Toyota Prius, didn't escape from posting plunging sales results. Sales of the Prius plummeted 37.5 percent from August 2009 and dropped off 16.3 percent compared to July's posted numbers. Combined, Toyota and Lexus witnessed a 36.2 percent decline from a year ago, while Ford fared better by posting a 17.1 percent drop in year-over-year numbers.
In all fairness, hybrid sales were boosted last August by the government's Cash for Clunkers program, but this summer's low gas prices continue to bear the burden of the blame for the hybrid fallout. Toyota remains in the number one spot and posted 15,444 sales last month. Ford sits in second place and moved 3,894 hybrid vehicles off dealer lots in August while Honda holds onto third with 3,485 sales. It's getting redundant, but Toyota still leads the hybrid market. Anyone want to make bets on when that will change?
[Sources: Green Car Advisor, Autoblog]Hybrid sales drop off for August; even Prius records a 37.5% decline originally appeared on Autoblog Green on Thu, 02 Sep 2010 16:58:00 EST. Please see our terms for use of feeds.Read | Permalink | Email this | Comments]]>
One month of dreary sales does not spell the end of the hybrid, but the numbers reported for August do hint that without a rise in gas prices, sales of hybrid cars and trucks will likely continue to suffer. As a whole, hybrid sales dropped 40.4 percent this August compared to a year ago, and even the industry's volume leader, the Toyota Prius, didn't escape from posting plunging sales results. Sales of the Prius plummeted 37.5 percent from August 2009 and dropped off 16.3 percent compared to July's posted numbers. Combined, Toyota and Lexus witnessed a 36.2 percent decline from a year ago, while Ford fared better by posting a 17.1 percent drop in year-over-year numbers.
In all fairness, hybrid sales were boosted last August by the government's Cash for Clunkers program, but this summer's low gas prices continue to bear the burden of the blame for the hybrid fallout. Toyota remains in the number one spot and posted 15,444 sales last month. Ford sits in second place and moved 3,894 hybrid vehicles off dealer lots in August while Honda holds onto third with 3,485 sales. It's getting redundant, but Toyota still leads the hybrid market. Anyone want to make bets on when that will change?
[Sources: Green Car Advisor, Autoblog]Hybrid sales drop off for August; even Prius records a 37.5% decline originally appeared on Autoblog Green on Thu, 02 Sep 2010 16:58:00 EST. Please see our terms for use of feeds.Read | Permalink | Email this | Comments]]>
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2010
(165)
-
▼
September
(29)
- Los Alamos County takes delivery of New Mexico's f...
- Foton Motors, Freescale Semiconductor to create jo...
- Ask AutoblogGreen: What's up (and down) with elect...
- Donnie Bowles scores first win in propane-powered ...
- Motive doesn't Bogart cannabis car info, passes us...
- Automotive X-Prize: no money until cars pass dynam...
- Hybrid sales drop off for August; even Prius recor...
- 2012 Ford Focus Electric to use liquid-cooled lith...
- Coda will sell electric sedan in Hawaii in late 2011
- Tesla Roadster eligible for $38,000 clean energy r...
- Report: Lotus bringing a pair of front-engine hybr...
- General Motors Australia reveals new Chevrolet Cru...
- Coulomb unveils Michigan's first ChargePoint Ameri...
- Spyshots: Is Phoenix Motorcars still working on a ...
- GM to offer competitive pricing on Chevrolet Volt ...
- Consumer Federation of America calls for 60 mpg CA...
- Study: Modern li-ion batteries have little effect ...
- Nissan Cars, Crossovers, Pickup, Trucks, and SUVs ...
- Sanyo, GS Yuasa dissolve money-losing li-ion batte...
- 2009 Dodge Challenger, Ram 1500 win Rocky Mountain...
- Paris Preview: Mitsubishi to debut Euro-spec i-MiEV
- 2010 Audi Q7: More Powerful, Cleaner than ever wit...
- A cure for Island fever: Nissan teams up with Hawa...
- 2009 Moab Jeep Safari shows off six Tricked-up Jee...
- From Funerals to Births: Revenge film crew on hand...
- Details on Project PUMA
- Think on GM's range anxiety trademark: "their tech...
- Top Gear rallies Fans for 13th Season opening with...
- Mazda Raceway Laguna Seca gets name change as Role...
-
▼
September
(29)
0 comments:
Post a Comment