According to data released by R.L. Polk & Co., an automotive research firm, U.S. registrations of new hybrid vehicles increased by 38% in 2007 to a record 350,289. Even though hybrids make up just 2.2 percent of the U.S. automotive market, they are growing even as overall auto sales decline by 3 percent.
Of course, Toyota’s Prius hybrid led the sales taking up 51 percent of the hybrid market, up 43 percent from 2006.
R.L. Polk & Co., noted that most buyers tend to stay within the segment they were previously in when opting for a hybrid. More than half of those who purchased a Lexus...
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