25 Apr '11, 5pm

Four New Realities of the Green Car Market in 2011 | Hybrid Cars: March 2011 Winners and Losers [HCTITLE] [HCDAT...

Four New Realities of the Green Car Market in 2011 | Hybrid Cars: March 2011 Winners and Losers [HCTITLE] [HCDAT...

Growth in highly fuel-efficient vehicles far outpaced the rest of the market. In the first quarter of 2011, hybrids increased sales by 33.9 percent, while the overall market grew by 20.2 percent. In March, small cars— such as the Ford Fiesta and Honda Fit—grew at almost twice the rate of the overall market, 30 percent compared to 17 percent. Cars are back, with fuel-efficiency as the main driver. Car sales grew a third faster than vehicles that are characterized as or look like SUVs. The growth of cars is most obvious in March as the impact of gas prices had a significant impact. Small car-like SUVs outsell Big SUVs. Growth in the market for what some people call “SUVs” was actually driven by small, fuel-efficient crossovers. In contrast, “true” SUVs built on truck frames continued to lose market share, which now stands at less than 7 percent of the market, the same market...

Full article: http://www.hybridcars.com/news/four-new-realities-green-c...

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