No Big Shock: Hybrid Sales Down

Posted on January 7, 2009 by LCT Magazine

GREEN HERE TO STAY: U.S. hybrid petro-electric vehicle sales were down 53% in November from one year earlier, while overall auto sales were down less: 37%. Environmental Leader reported this story. Obviously, rapidly dropping gasoline prices and recessionary panic motivated consumers to back off purchasing hybrids when they can spend less on the acquisition of something else. Automakers and dealers are offering tons of deals these days, so why spend a little bit more on a hybrid? Does this mean the green movement is going away? No, it doesn't.

There are two reasons for this perspective: one is that the economy is in deep trouble and everyone is open to embracing something that might work, including GM and Ford investing in and marketing green products. The green economy (which affects autos, home building, offices, lighting, heating, etc.) is expected to create lots of jobs in this country and business opportunities. And many corporations have built in green practices for purchasing and travel procedures. Another reason why this won't go away: Americans want to conserve and spend less, and get the most out of their dollars. (Does this remind you of people who lived through the Depression?) Green practices, including driving (or being driven in) hybrids, hydrogen fuel cell, and alternative-fuel vehicles, are part of living within their means.  -- J.L.

View comments or post a comment on this story. (0 Comments)

More LCT Blog Blog Posts

September 13, 2017

Create A Handbook Your Employees Will Actually Read

Black and white words on a page are boring and uninspiring; here are some things to consider when creating a how-to guide for your company.

August 29, 2017

Billy The Coach: How To Plan And Prepare For Success

The LCT Summit keynoter starts contributing this week to our blog by asking: What is it you want bad enough to work for?

August 16, 2017

Don’t Let Poor Grammar, Spelling, And Punctuation Ruin Your Image

You are what you write. Make sure you leave a good business impression, especially on social media.

August 8, 2017

Behind The Screens: Why Face Time Matters

Computers and smartphones have conditioned us to text and email our way through life. Here’s how Millennials and managers can work together to break the habit.

July 31, 2017

Let's Not Make AI The New Y2K Scare

Machines will not take away all of our jobs any more than the Y2K scare ushered in Armageddon.

See More

Facebook Comments ()

Comments (0)

Post a Comment



See More

LCT Store

LCT Magazine - September 2017 $12.95 MOTORCOACH / BUS ISSUE COVER STORY: * Irizar Racks Up A Good Rookie Year * *


Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment


Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close