Wednesday, June 29, 2005

Hybrid, Diesel Market Shares to Surge

According to JD Power, we're going to be seeing alot more hybrid and diesel cars on the road in the next 7 years:

A new report from JD Power indicates hybrid cars will clock 3.5 percent of US vehicle sales by 2012, sevenfold higher than their current 0.5 percent of the market in 2004. In the same period, diesels will grow from 3 percent to 7.5 percent of sales. The number of available models in both categories are also expected to climb, with diesel models doubling from 14 to 26, and hybrid models increasing fourfold, from 10 to 44.