Hybrids/Diesel Engines Steadily Gaining U.S. Market Share

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, concludes a report by J.D. Power and Associates (which, like Standard & Poor’s, is a subsidiary of McGraw-Hill Companies).

The article, "The Steady-But Slow-Rise of Hybrids and Diesels in the U.S. Auto Market," published March 22, 2007, is part of a special report on global automakers published on RatingsDirect, the real-time, Web-based source for Standard & Poor’s credit ratings, research, and risk analysis, and in the April 4 issue of CreditWeek.


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t_bone - 3/30/2007 1:05:06 AM

+2 Boost

"The article predicts that hybrids and diesels will reach 9% of U.S. auto sales by 2009"

That's a pretty pathetic market share. I hope gas prices keep rising to speed this up.

XYZZ - 3/30/2007 4:38:21 AM

+2 Boost

almost 10% is not pathetic. d'ya know how many MILLIONS of vehicles are sold annually?

XYZZ - 3/31/2007 7:20:15 AM

+1 Boost

it's been calculated that if 27% of the u.s. auto fleet were hybrids, we would not have to IMPORT a SINGLE DROP OF OIL.