Sales of hybrids and electric-vehicles in the United States increased nearly as twice as fast in the first three months of 2011 due to the rise in gas prices. Sales of the ‘green’ segment were up 37 percent in the first quarter of 2011 to 78,523 units sold, according to Edmunds.com.
Hybrids along with electric-cars accounted for just 2.6 percent of total first-quarter sales of 3.1 million cars and light trucks, which were up 20 percent.
Toyota, with the help of its Prius, accounted for more than two-thirds of hybrid sales but the biggest gains were made by Honda and General Motors.
In March 2011, Toyota sold an outstanding 18,605 units of the Prius. Honda’s Insight came in second with a total of 2,782 units sold, while the Lexus CT 200h came in third with 2,199 units.
– By: Omar Rana
Source: Detroit News, HybridCars.com