Future of hybrid cars

According to J.D. Power and Associates, U.S. consumers are expected to purchase approximately 350,000 Hybrid vehicles annually by the year 2008. Further, more than one-half of those Hybrid vehicles will likely be trucks! Trucks should account for about 35% of Hybrid sales by 2005 and 64% of Hybrid sales by 2008.

In fact, initial expectations were for 500,000 Hybrid vehicles in production by 2008, however many of the manufacturers started changing their tune on Hybrids and chose to delay the release of some Hybrid vehicle models or even drop some models from their Hybrid program altogether. Many of the auto manufacturers decided to adopt a wait-and-see approach instead of busting out of the door full-force.

Therefore, while Hybrid vehicles are the hot topic in the automotive world these days, and consumers are becoming more and more intrigued by Hybrid vehicles, the fact remains that they will still represent only about 1% of the market by 2005 and 2% by 2008.

Hybrid SUVs and pickup trucks serve as rolling advertisements for better auto technology and less pollution.

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