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Electric And Hybrid Sales Stall As Americans Rekindle Their SUV Passion

Falling oil prices have seen American new car buyers shun electric and hybrid vehicles and return to what they love – SUVs. The American media reports that electric and hybrid vehicles now account for less than 3.0 per-cent of U.S. new car sales a


Falling oil prices have seen American new car buyers shun electric and hybrid vehicles and return to what they love - SUVs.

The American media reports that electric and hybrid vehicles now account for less than 3.0 per-cent of U.S. new car sales and around 75 per-cent of buyers trading-in used electric and hybrid vehicles have purchased a petrol-fuelled vehicle.

Fact is the reduced prices at the pump have further turned the value equation on its head - the fuel savings from switching to a hybrid vehicle now take even longer to offset against the retail price premium charged for vehicles like the Toyota Camry Hybrid.

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