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DIESELS AND HYBRIDS TO REACH 9% OF U.S. AUTO SALES

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Areometer, Apr 5, 2007.

  1. Areometer

    Areometer Silver Business Sponsor

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    A recent J.D. Power and Associates report concludes that conventional gas engines will remain dominant in the U.S. market, but hybrids and diesels are steadily gaining market share, especially as gas prices and concerns about global warming rise and technology advances. In addition, the report predicts that hybrids and diesels will reach 9% of U.S. auto sales by 2009, and Toyota Motor Corp. will continue to lead this category in sales. Thanks in large part to increased production capacity, more than 70% of all new-hybrid sales in the past two years have been Toyotas, although that number is expected to decline to 50% by 2009, reflecting the growth of new models from other automakers.

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    #1 Areometer, Apr 5, 2007
  2. john1701a

    john1701a Prius Guru

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    <div class='quotetop'>QUOTE(Areometer @ Apr 5 2007, 11:35 AM) [snapback]418242[/snapback]</div>
    Is that a way of spin-doctoring just enough for us to hopefully forget their prediction from July 2005 that stated: "total annual sales of hybrids in the United States will only be 3.5% (around 600,000) by 2012"?

    They simply don't have credit in this arena. To have that, at a minimum, they'd have to know what gas prices will be years from now, to assess the resulting consumer behavior. They also should already know what battery technology discoveries will occur, and what low-cost production will come about from those events that haven't happen yet.

    In other words, they are making wild guesses based on data available today will little consideration of just how much the automotive industry is changing due to the economic, political, and environmental factors now emerging.
     
    #2 john1701a, Apr 5, 2007
  3. Godiva

    Godiva AmeriKan Citizen

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    Why do they have to lump the hybrids in with the diesels?

    Is it to hide the increasing sale of hybrids?
     
    #3 Godiva, Apr 5, 2007
  4. JimN

    JimN Let the games begin!

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    <div class='quotetop'>QUOTE(Godiva @ Apr 5 2007, 03:00 PM) [snapback]418379[/snapback]</div>
    Because they are not conventional gasoline engines.

    Every corporation tries to predict the future state of its markets. Some do it better than others. Very few do it well. If the numbers from S&P and JDPA have historically been way off then who has made accurate predictions?
     
    #4 JimN, Apr 5, 2007
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