11/02/2010

More Green cars to come !


Toyota's recent recall problems aside, the Prius has been a remarkably successful vehicle, highlighting the nations appetite for such cars. The upcoming much-hyped Chevy Volt and its rated 230 miles per gallon is just one of the slated 75 new hybrid electric models expected to make their debuts in the 2011 model year. And that number is growing. Reports from the National Highway Safety Commission estimate that nearly 20% of the United States auto market will be hybrid cars by 2015. Similar findings from J.D. Power and Associates show Europe reaching 50% hybrid saturation in the same time frame.


Source : Investopedia, by Aaron Levitt, February 11th, 2010

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