Aging Prius, dropping gas prices putting hurt on hybrid, EV sales

Aging Prius, dropping gas prices putting hurt on hybrid, EV sales

October 25, 2014 by · Leave a Comment 

Filed under: Car Buying , Hybrid , Toyota , Electric “As Prius represents by far the biggest chunk of the hybrid marketplace, where Prius goes, the segment goes,” – Ed Kim, Autopacific Fuel prices in the US have been tumbling for the last several weeks, with the average price of a gallon of gas at $3.120 as of October 20, according to the US Energy Information Administration. That price reflects a serious recent drop from $3.299 on October 6. Reports have even suggested that those low numbers might not change for a little while , perhaps as long as years. While drivers certainly love paying less at the pump, the change may be hurting the market for more fuel-efficient models, including the Toyota Prius . According to a report from National Public Radio, sales of hybrids, plug-ins and EVs are down around 5 percent for the year , but trucks and SUVs have seen a 17 and 20 percent improvement, respectively. Autoblog Green’s By the Numbers reports indicate similar figures of around a 5.4 percent drop so far in 2014. In fact, as of September, green-car sales have endured their fourth straight month of declines . That segment of the market fell 11 percent year-over-year in August and 9.6 percent in September. “As Prius represents by far the biggest chunk of the hybrid marketplace, where Prius goes, the segment goes,” Ed Kim, Vice President of Industry Analysis at AutoPacific tells Autoblog . That paints a bleak picture for hybrids, because at the moment, the Prius is doing pretty poorly.

Aging Prius, dropping gas prices putting hurt on hybrid, EV sales

Aging Prius, dropping gas prices putting hurt on hybrid, EV sales

October 25, 2014 by · Leave a Comment 

Filed under: Car Buying , Hybrid , Toyota , Electric “As Prius represents by far the biggest chunk of the hybrid marketplace, where Prius goes, the segment goes,” – Ed Kim, Autopacific Fuel prices in the US have been tumbling for the last several weeks, with the average price of a gallon of gas at $3.120 as of October 20, according to the US Energy Information Administration. That price reflects a serious recent drop from $3.299 on October 6. Reports have even suggested that those low numbers might not change for a little while , perhaps as long as years. While drivers certainly love paying less at the pump, the change may be hurting the market for more fuel-efficient models, including the Toyota Prius . According to a report from National Public Radio, sales of hybrids, plug-ins and EVs are down around 5 percent for the year , but trucks and SUVs have seen a 17 and 20 percent improvement, respectively. Autoblog Green’s By the Numbers reports indicate similar figures of around a 5.4 percent drop so far in 2014. In fact, as of September, green-car sales have endured their fourth straight month of declines . That segment of the market fell 11 percent year-over-year in August and 9.6 percent in September. “As Prius represents by far the biggest chunk of the hybrid marketplace, where Prius goes, the segment goes,” Ed Kim, Vice President of Industry Analysis at AutoPacific tells Autoblog . That paints a bleak picture for hybrids, because at the moment, the Prius is doing pretty poorly.

Toyota Partners with Huntsville City to Revitalize John Hunt Park

Toyota Partners with Huntsville City to Revitalize John Hunt Park

October 5, 2014 by · Leave a Comment 

Huntsville, Ala. (Oct. 2, 2014) – On Saturday Sept. 27, 2014, more than 100 Toyota Alabama volunteers headed to John Hunt Park in support of National Public Lands Day (NPLD).

Lend a Hand to Protect Public Lands

Lend a Hand to Protect Public Lands

September 18, 2014 by · Leave a Comment 

TORRANCE, Calif. (Sept. 17, 2014) – Parks (and other public lands) do their part. They provide a safe place for native flora and fauna. They help keep air and water clean. They provide a laboratory for environmental learning.

Lend a Hand to Protect Public Lands

Lend a Hand to Protect Public Lands

September 18, 2014 by · Leave a Comment 

TORRANCE, Calif. (Sept. 17, 2014) – Parks (and other public lands) do their part. They provide a safe place for native flora and fauna. They help keep air and water clean. They provide a laboratory for environmental learning.

Toyota Mississippi Teams Up To Support National Public Lands Day

September 25, 2012 by · Leave a Comment 

BLUE SPRINGS, Miss., (Sept. 22, 2012) – For the fifth consecutive year, Toyota Motor Manufacturing, Mississippi, Inc., (TMMMS) team members and their families teamed up with the local community to support National Public Lands Day (NPLD). This year’s activity drew approximately 700 Toyota team members and their families who volunteered at Howard Stafford Park in Pontotoc. They performed painting, planting, trash clean-up, installation of new fire pits and a new walking track around the park’s lake.

Southern California to Benefit From Toyota Volunteer Work on National Public Lands Day

September 24, 2011 by · Leave a Comment 

Torrance, Calif. – September 23, 2011 – Dozens of Toyota team members in Southern California will celebrate National Public Lands Day (NPLD) this year on September 24…

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