February 07, 2005

Hybrids Not As Popular As

Hybrids Not As Popular As Expected

By the information coming out about Hybrids, one would think that they would be rising in popularity and become a major portion of U.S. Car Sales.

Not according to a recent JD Power survey:

the market share for the fuel-saving vehicles is expected to
peak at about 3 percent by 2010, a new study from the
forecasting arm of J.D. Power and Associates said Thursday.

Research shows this is because Hybrids are costing $3,000-$4,000 more than comparable non-hybrid vehicles. And with new technologies coming out after 2006 There will be more fuel-efficent gas and diesel options on vehicles.

Automakers are also saying:
gas-electric engines largely are a transitional technology
that eventually will be replaced by hydrogen-powered fuel
cells, but experts say a marketable hydrogen vehicle is
at least a decade or two away.

So dispite what the tree-huggers and government is trying to push on us the consumer just isn't buying it and the car.

Posted by Quality Weenie at February 7, 2005 08:08 AM