Hybrid And Electric Car Sales Surge 164 Percent In June

With gasoline prices declining, sales of hybrid and electric cars have remained surprisingly resilient. In fact, sales of dedicated hybrid and alternative-energy vehicles surged more than 164 percent in June, according to Kelley Blue Book's Blue Book Market Report for July 2012

With fuel prices expected to continue their descent up until the US Presidential election, hybrid and electric vehicle sales could slow; however, today it appears as though the sales decline will be relatively mild.

"The Toyota Prius was the most significant driver of segment gains, with sales surging more than 300 percent from June of last year. The Prius has been in high demand since the introduction of the subcompact Prius c and wagon-esque Prius v. Sales numbers for the Prius also look especially strong due to the inventory shortages that plagued Toyota at this time last year." Says Alec Gutierrez, senior market analyst of automotive insights for Kelley Blue Book.

Date	Alternative-Energy Vehicle Sales	Gas Prices (National Average)
1/1/2011	13,777	$3.09
2/1/2011	16,883	$3.21
3/1/2011	26,407	$3.56
4/1/2011	19,160	$3.80
5/1/2011	12,213	$3.91
6/1/2011	8,995	$3.68
7/1/2011	12,687	$3.65
8/1/2011	15,232	$3.64
9/1/2011	13,803	$3.61
10/1/2011	15,462	$3.45
11/1/2011	20,039	$3.38
12/1/2011	23,350	$3.27
1/1/2012	14,902	$3.38
2/1/2012	25,163	$3.58
3/1/2012	35,687	$3.85
4/1/2012	29,799	$3.90
5/1/2012	26,130	$3.73
6/1/2012	23,778	$3.54

Battery Electric Car Hybrid -

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- Monday, July 23, 2012