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| Hybrid sales up 38 percent in 2007 |
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| By Humphrey Cheung | ||||||
| Tuesday, April 22, 2008 09:45 | ||||||
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Detroit (MI) – High oil prices and tax incentives helped push hybrid car sales up 38% in 2007. According to figures released by R.L. Polk & Co, just over 350,000 thousand hybrid vehicles were sold in 2007. Hybrids comprised 2.2 percent of the market and the Toyota Prius took the top spot with 51% of the hybrid market share.
26% of all hybrid car registrations were in California making it the most popular state for hybrids. Read more … AP via Newsweek.
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