filed in Hybrid on Feb.18, 2009
And that’s a cheap month
For months America’s oil demand has been crashing, despite considerably lower gas prices than just 6 months ago.
The price of a barrel of oil has declined to less than a third of 2008 highs.
Yet, America still spent $19.3 billion on foreign oil in the month of December.
And THAT’s a BAD month, [...]
filed in Hybrid on Jan.10, 2009
The good ole days, at least for hybrid sellers
Change. Talk about what a difference a few months makes.
Just six months, you couldn’t find a Toyota Prius on a dealer lot. In December, however, Prius sales fell 45 percent according to the AP. But it isn’t just hybrid cars that are getting hit hard, but fuel [...]
filed in Hybrid on Jan.06, 2009
GM takes 2nd in December, but not the year
In December GM sold more hybrid vehicles than both Honda and Ford, led by GM’s large dual mode SUVs, such as the Chevy Tahoe hybrid. In December, GM sold 2,555 hybrids, although about 800 of them were mild hybrids.
For 2008, however, both Ford and Honda sold significantly [...]