The year 2013 is half over and the auto industry is doing quite well, led by high mileage vehicles that are outperforming the overall industry in sales growth. As more and more pure electrics, plug-in cars, hybrids and clean diesels appear on the U.S. market, consumers are embracing them.
“Hybrid” has become a magic word that’s synonymous with fuel economy for many car buyers, thanks mainly to the Toyota Prius. The common assumption is that the hybrid version of a car will deliver great fuel economy–or at least better mpg than a comparable gas version, resulting in a more economical vehicle to own. While the fuel economy part of that line of thinking is correct, as you probably know, the total cost of owning a vehicle is much more than the cost of the fuel you put in it. In fact, according to some analysts, the fuel portion of vehicle ownership is only about one-fourth to one-fifth of the cost of owning a vehicle. So in spite of being more fuel efficient, not all hybrids save you money in the long run.
May continues the trend of good sales for hybrids, electric cars, plug-in hybrids and clean diesels. Consumers are seeking out these cars and keeping their sales numbers high.
Compared to last year, hybrid sales for the first four months are up 12.3%, almost double the overall market’s gain. Plug-ins are on a tear with 130% growth, but on relatively small numbers. Diesels have taken a dip so far this year, dropping 6.2%, but are expected to rebound when high-volume cars like the Chevy Cruze Clean Turbo Diesel, Mazda6 SkyActiv-D, Jeep Grand Cherokee and Ram 1500 hit showrooms later this year. Both the hybrid and plug-in electric segments are also adding models as well.
High-mileage cars are off to a great start for the year with sales up 18% in these three categories in for the first three months of the year compared to last year. The monthly sales average continues to creep up so it is conceivable that sales could edge closer to a million units if the trend continues, which would definitely solidify the market for alternatives to conventional gasoline engines. The first quarter indicates it could be a very good year for high-MPG cars.
MPG is still on consumers’ minds as car and truck sales of hybrids, plug-in cars and clean diesels continued to outpace the overall market in February 2012. High mileage hybrids, plug-ins and diesels had their second good month to begin the year, bettering the high bar set by the overall market. Hybrids continued to be above 3 percent of the market and both hybrids and diesels accelerated sales beyond a strong overall market (up 16.1% and 23.3% respectively compared to the overall market rise of 14.3%).
High mileage hybrids, plug-ins and diesels like the Toyota Prius, Chevy Volt and Passat TDI, had a good month to begin the year, bettering the high bar set by the overall market. Hybrids pushed past 3 percent of the total market.
The diversity of choice shows on Clean Fleet Report’s list of 2012’s Top 10 best-selling high-mileage cars among hybrid/clean diesel/plug-in hybrid models.
Model year 2012 is the year of the green car, with record fleet fuel economy, record high hybrid sales, and a 228% increase in plug-in electric car sales. While it’s true that plug-in electric car sales still represent a very small fraction of total auto sales, model year 2012 saw about 38,000 Americans buying plug-in cars. The Chevy Volt, often described by critics as a failure, falls right in the middle of the pack, outselling half the cars, trucks, and SUVs on the market.
The new 2013 Lincoln MKZ Hybrid delivers more miles per gallon than any luxury luxury hybrid car in America with an EPA-certified 45 mpg across the board – city, highway and combined. It doesn’t cost a dime extra to get the MKZ as a hybrid. The 2013 Lincoln MKZ Hybrid starts at $35,925 for this richly appointed sedan. The price is the same whether you buy it as a 45-mpg hybrid or with a 2L EcoBoost engine. Other competitors charge a premium for their hybrid models.