Monday, April 25, 2005

Hybrid Car Sales Soar in U.S. in 2004




Yahoo! News - Hybrid Car Sales Soar in U.S. in 2004


DETROIT - The lure of the Toyota Prius and other hybrid cars helped drive healthy sales of electric and alternative-powered vehicles last year, according to new data that shows the hybrid market has grown by 960 percent since 2000.

New hybrid vehicle registrations totaled 83,153 in 2004, an 81 percent increase over the year before, according to data released Monday by R.L. Polk & Co., a Southfield-based firm that collects and interprets automotive data.

Even though hybrids still represent less than 1 percent of the 17 million new vehicles sold in 2004, major automakers are planning to introduce about a dozen new hybrids during the next three years.

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