Growing Trends In Favor of Hybrid Cars Sales and Increasing Market Share

Hybrid Cars Sale is on happy vroom this year. Power Information Network Data shows a net 3.4% growth in the sale of hybrid car market in the United States during the month of May alone. This happens to be the highest sales per month ever.Hybrid Car sale constitutes a very small component of the total car sale market today. The total market share was 2.8% out of the total new cars sold during a period from January to June 3, this year. RNCOS E-services Pvt. Ltd. issued a report recently stating that the hybrid cars in United States crossed 254,000 in 2006. The Hybrid Cars Market Outlook Report of RNCOS calculates this number to be just 1.9% of the total vehicle sale volume. The market is maturing slowly and it expects a net sale of 1.68 million hybrid cars by the year 2012.

Higher car price tag is one of the major concerns for customers as well as the manufacturers. These hybrid Cars run on a system that works for gasoline and electric power at the same time. Facility of switching to one system to other system provides fuel efficiency to the customer. The technology is there in the market since long now and customers are getting used to it, though slowly. Other versions of Hybrid Technology are facing a problem of lengthy guarantees, dealership, and service issues.” That might not be fixed by a non-dealership mechanic”, says Rosen at EdmundsAutoObserver.com.

Statistical data of State Department of Motor Vehicles provides an interesting trend of the sales pattern. It shows that more than 1560 hybrid cars were on the registration panel in Niagara and Erie Counties alone. This was a sharp jump from 960 cars to 1560 cars in just one year.

Hybrid Car segment is just a tiny one in the whole vehicle segment of auto market in United States. Market is taking new shapes slowly and new trends are now emerging. Hybrid cars are here to stay and grow exponentially.” I think it will continue to grow”, Says Frank Downing Jr., President, Towne Automotive Group.

The Hybrid Cars market Outlook Report of RNCOS demonstrates analytical trends of global hybrid car market. Various parameters were under consideration while making this report. Some of these parameters include market size, player’s strategies, regional markets, government policies, driving factors and opportunities with challenges.

Advertisements

25 thoughts on “Growing Trends In Favor of Hybrid Cars Sales and Increasing Market Share

  1. Pingback: Cars and other stuff » Blog Archive » Growing Trends In Favor of Hybrid Cars Sales and Increasing Market …

  2. Pingback: www.bestcarsforyou.info » Growing Trends In Favor of Hybrid Cars Sales and Increasing Market …

  3. Pingback: Hybrid Diary » Blog Archive » Hybrid Car News: Hybrid, concept car - October 24

  4. Thank you! I delighted!
    [url=http://payday-gl-loans.com]payday loans[/url] http://payday-gl-loans.com
    [url=http://airline379tickets.com]airline tickets[/url] http://airline379tickets.com
    Excellent webforum!
    [url=http://airline379tickets.com/southwest-airline-tickets.html]southwest airline tickets[/url] http://airline379tickets.com/southwest-airline-tickets.html
    [url=http://cialis-gl-pills.com/buy_cialis.html]buy cialis[/url] http://cialis-gl-pills.com/buy_cialis.html
    Excellent forum, added to favorites!
    [url=http://cialis-gl-pills.com/buy-cialis-online.html]buy cialis online[/url] http://cialis-gl-pills.com/buy-cialis-online.html
    [url=http://cialis-gl-pills.com/order-cialis-online.html]order cialis online[/url] http://cialis-gl-pills.com/order-cialis-online.html
    The Author, you – genius…
    [url=http://phentermine-1-pills.com/buy–phentermine.html]buy phentermine[/url] http://phentermine-1-pills.com/buy–phentermine.html
    [url=http://phentermine-1-pills.com/order_phentermine.html]order phentermine[/url] http://phentermine-1-pills.com/order_phentermine.html
    Easy to find helpful information.
    [url=http://phentermine-1-pills.com/phentermine-diet-pill.html]phentermine diet pill[/url] http://phentermine-1-pills.com/phentermine-diet-pill.html
    So interesting there was that I fell asleep…

  5. Pingback: owner operator needed

  6. Hello all,

    I’m currently researching various weight loss programs and courses.

    So, if you don’t mind please answer in this topic: What’s your single most important question about weight loss?

    Cheers, JD

  7. Very interesting post, I’m planing to buy a car in next few months so I’ll definely consider Hybrid Car as an option. I’m not sure what are the options in Europe, as I dont know anyone with Hybrid car here, It might be difficult to get a spare parts if something gets broken.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s