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Monthly new vehicle market share for hybrids. Buoyed by the US government’s CARS (“Cash for Clunkers”) program, US auto sales slowed their decline in the US in July, dropping on 12.1% Hybrids had an especially good month, with reported sales jumping 31.8% to 19,173 units) and Ford hybrids (up 323% to 5,353 units).
Market share of reported hybrid sales in the US. Buoyed by the extension of the US Cash for Clunkers (CARS) program, as well as the availability of more hybrid models on the market, reported sales of hybrids in the US jumped 48.6% Reported hybrid sales represented 3.07% of new vehicle sales in August.
A new Rasmussen telephone poll found that 81% of Americans oppose an “ increase the tax on gasoline by a large amount ” as a way to encourage the purchase of more fuel-efficient cars. Only 22% of Americans are willing to spend more to buy an energy-efficient hybrid car to help the environment. Only 18% supported a mileage tax.
The vast majority of Americans drive to work, but even the threat of higher gas prices doesn’t seem to be encouraging them much to carpool, take public transportation or buy an energy-efficient hybrid car, according to a new Rasmussen survey. Government workers are four times as likely as those who work in the private sector to buy a hybrid.
Both conventional hybrids and diesel vehicles have increased market share slightly since MY 2007. The bulk of this production share is accounted for by non-hybrid gasoline vehicles, although other technologies, including hybrids, electric vehicles, and diesel vehicles are also represented.
Compared to the engine and transmission technologies discussed above, there has been far less growth in the production shares of hybrid and diesel powertrains and cylinder deactivation (CD). The number of non-hybrid SUVs that achieved 25 mpg increased from four in MY 2008 to 17 in MY 2013, more than a four-fold increase.
When the Cash for Clunkers (CARS) program here in the U.S. ended, I wondered how many of the buyers who took advantage of the rebate chose to purchase a hybrid. Buying a hybrid made the most sense, in my view, especially with the slight surge in gas prices just before the program launched.
WASHINGTON -(Dow Jones)- Move over, cash for clunkers. By contrast, hybrid vehicles that mix traditional internal- combustion engines with electric power accounted for less than 3% of car sales in 2008, more than a decade after their introduction. November 16, 2009: 06:01 PM ET. By Judith Burns. Of DOW JONES NEWSWIRES.
To help boost sales of electric cars and fuel-efficient hybrids, China earlier this week renewed a trade-in subsidy of up to 20,000 yuan. The cash-for-clunkers program provided a major lift to sales last year, with more than 3.7 million vehicles purchased under the program. 2025 Bloomberg L.P.
The President is proposing to transform the existing $7,500 tax credit for electric vehicles into a rebate that will be available to all consumers immediately at the point of sale, similar to “Cash for Clunkers”. The Recovery Act is also supporting the deployment of infrastructure for advanced technology vehicles.
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