Hybrid Vehicle Sales Are Taking Off
After a relatively slow start, sales of hybrid vehicles in the United States have really taken off. The very first hybrid models were imported to the United States and went on sale during the late 1990s. Japanese firms led the way and still have a dominant grip on the market.
The Honda Insight was the first hybrid automobile to go on sale, though it was quickly joined and overhauled by the Toyota Prius. American firms struggled to compete with mass-produced Japanese hybrids, and the first home-grown examples only appeared in 2004 in the shape of the Ford Escape.
Since then, American vehicles like the Ford Fusion and Chevrolet Malibu have proven successful, but failed to wrestle away Japanese dominance of the hybrid market. In 2002, a total of 22,335 hybrid vehicles were sold in the United States – all imported models. By the end of 2012, the total amount sold had risen steeply to 431,798.
Of these, 114,291 were domestically produced while the majority, 317,507, were imported vehicles. Even though automobile companies in the United States are struggling to keep up with their Japanese competitors, Americans are driving more hybrids today, which is great news for the environment.
Passenger car production in selected countries in 2014, by country (in million units)
Passenger cars - major producing countries 2014
Revenue* of the leading automotive manufacturers worldwide in 2014 (in billion euros)
Revenue of the leading car manufacturers worldwide 2014
Sales of passenger cars in selected countries worldwide from 2005 to 2014 (in million units)
Passenger cars - sales in selected countries worldwide 2005-2014
- Revenue of the leading car manufacturers worldwide 2014Revenue of the leading car manufacturers worldwide 2014
- Passenger cars - sales in selected countries worldwide 2005-2014Passenger cars - sales in selected countries worldwide 2005-2014
- Passenger cars - major producing countries 2014Passenger cars - major producing countries 2014
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