Search This Blog

Sunday, April 15, 2012

Polk Study: Over Time, Allure of Hybrid Ownership Wanes



The following is an excerpt from an article in 


The New York Times
Sunday, April 15, 2012

Polk Study: Over Time, Allure of Hybrid Ownership Wanes 

By NICK BUNKLEY

DETROIT - People who own a hybrid car are unlikely to get another one the next time they buy a new vehicle, according to a study released Monday by the consulting firm R.L. Polk.

Nearly two thirds of hybrid owners -- 65 percent -- who bought a new car last year chose a gasoline-powered model instead, Polk found by analyzing registration data for 75,000 vehicles. Excluding the top-selling model, the Toyota Prius, fewer than one quarter of hybrid owners bought a new hybrid.

Although the study did not reveal why hybrid owners soured on the technology, analysts said the cars' higher price tags played a pronounced role. Meanwhile, automakers have greatly improved the fuel efficiency of gas engines, narrowing the gap between hybrids and traditional models.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.