Demand slackens for bigger hybrids
US demand for big, petrol-electric hybrid vehicles has flagged in recent months, raising questions about consumers' willingness to pay extra for cars and sport-utility vehicles which are marketed on the basis of enhanced performance rather than fuel savings.
Toyota, Honda and Ford have all offered discounts and other incentives on their larger hybrid models in an effort to improve flagging sales. Sales of Toyota's luxury Lexus RX400 hybrid SUV tumbled to 1,190 vehicles in June, fewer than half the number a year earlier, according to Ward's Automotive.
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