"Sales of dedicated hybrid and alternative-energy vehicles surged more than 164 percent in June, according to Kelley Blue Book's Blue Book Market Report for July 2012.
With gas prices expected to continue their descent, hybrid and electric vehicle sales could slow; however, currently it appears as though the sales decline will be relatively mild.
Sales of alternative-energy vehicles typically fall rapidly after fuel prices peak, and although sales are down from the March high, they remain stronger than in previous years.
Sales of the Lexus CT200h improved nearly 500 percent year-over-year.
In addition, the Chevrolet Volt was a strong performer with sales improving more than 200 percent year-over-year. The Volt, popular for its longer driving range, has outsold the Nissan Leaf nearly 3-to-1 so far this year, even though it has a higher manufacturer's suggested retail price (MSRP) and is not considered a "true" all-electric from a purists' standpoint. " [Read more]
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