Tuesday, July 21, 2015

Green: Sagging Hybrid Sales Could Mean The Market Is Ready For the Next Jump

Source: Los Angeles Times.

Sales of hybrids including Toyota's best-selling Prius has fell about 15%. However, it is not as if the hybrid market and the whole greener car revolution is dead. In fact, the sentiment among consumers appears to be that they waiting for the next jump in hybrid and alternative technology and are ready to jump on once they're on the market.

Take Toyota's hydrogen car, Mirai, which will go on sale later this year. However, the problem is it may not be enough feeling stations for the vehicle. That alone can stand sales of alternative fuel vehicles.

Furthermore, Tesla is not done the Model T and the Model X. The Model 3 will debut in 2016. Starting price is $35,000.

These are just a couple of models and quick samples oh what hybrids and electric vehicles are coming to the market. Once more of these vehicles hit the market, sales will once again be on he uptrend.

The next generation Prius, fourth generation, will sport a new look, better fuel-efficiency of up to 55 miles per gallon, and better handling. Put all that together, it is no wonder really consumers are holding back.

- Posted using BlogPress from my iPhone

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