Cars
Study Forecasts that Hybrids will Account for 20% of U.S. Car Sales by 2020
By the end of the next decade, hybrid car sales in the U.S. will account for 19.4 percent of the total market, according to a new study from JPMorgan. The investment bank's auto analysts also predict that global hybrid car sales will increase more than 23-fold in the same period, from 480,000 units or 0.7 percent of the market in 2008, to a staggering 11.28 million cars or 13.3 percent of total global sales in the next 12 years.
JP Morgan study asserts that the boost in hybrid car sales around the globe will be spurred by the stricter government regulation of carbon dioxide emissions in the United States and the Europe Union as well as the falling production costs of hybrid drivetrains. According to the investment bank's analysts, whereas a complete hybrid system that includes the batteries, electric motor(s) and computer hardware adds on average $5,667 to a standard car's price today, by 2020 the cost is estimated to drop to just $1,890.
Via: ANE (Sub. Req.)
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New Study Finds That Only A Third Of Hybrid Owners Buy Hybrids Again
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Toyota To Ford: Beat This, We've Sold Over One Million Hybrids In The U.s.
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New Study Predicts Global Vehicle Sales Will Drop 13% In 2009
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Toyota & Lexus U.s. January Sales Sink 34.9 Percent
The first month of 2009 also brought bad news for Toyota that saw its U.S. sales fall to 117,287 vehicles, a decrease of 34.4 percent from last January. The Toyota division that includes the Scion brand, posted sales of 102,565 units, a decrease of 34.9...
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Hybrid Sales In America Drop In 2008? By The Numbers
After gas prices brought Americans to their knees in the summer of 2008, a time when the Honda Civic temporarily outsold the Ford F150, one would assume that hybrid sales rocketed upward last year. One would be correct in that assumption, right? Wrong....
Cars