Hybrid car sales were down in June from the hybrid car sales in June, 2007. That's the second time in a row, but it's not for lack of demand. Car makers just can't keep up with the demand right now for hybrid cars and the strain is forcing the comparison to last year down.
Hybrid car sales were down a total of 29%. Except for the Nissan Altima Hybrid, every other hybrid car with a history from last year showed a drop. Total sales were at 24,315, down from 34,300 in June, 2007. But demand is so high the Prius is down to a 4 day turn around on dealer's lots. The industry average is about two months.
Despite sales dropping for two months in a row, cumulative sales are even, with a slight positive from last year at this point. Toyota sales are down slightly, but the difference is made up by the Honda Civic Hybrid and Altima Hybrid sales and the additional sales from the Yukon/Tahoe.
Make | Model | Jun-07 | Jun-08 | % Change |
Honda | Accord | 342 | 7 | -98% |
Honda | Civic | 3,246 | 2,710 | -17% |
Honda | Insight | 0 | 0 | - |
Toyota | Prius | 17,756 | 11,765 | -34% |
Toyota | Highlander | 2,403 | 1,511 | -37% |
Toyota | Camry | 5,530 | 3,054 | -45% |
Toyota | GS 450h | 131 | 73 | -44% |
Toyota | RX 400h | 1,562 | 1,330 | -15% |
Toyota | LS600hL | 0 | 73 | - |
Ford | Escape/Mariner | 2,526 | 1,912 | -24% |
Nissan | Altima | 804 | 1,333 | 66% |
GM | Yukon/Tahoe | 0 | 547 | - |
Total | 34,300 | 24,315 | -29% | |
Make | Model | Cumulative, 2007 | Cumulative, 2008 | % Change |
Honda | Accord | 2,044 | 191 | -91% |
Honda | Civic | 17,141 | 19,032 | 11% |
Honda | Insight | 3 | 0 | -100% |
Toyota | Prius | 94,503 | 91,442 | -3% |
Toyota | Highlander | 14,312 | 13,053 | -9% |
Toyota | Camry | 28,070 | 30,532 | 9% |
Toyota | GS 450h | 994 | 459 | -54% |
Toyota | RX 400h | 8,657 | 9,038 | 4% |
Toyota | LS600hL | 0 | 637 | - |
Ford | Escape/Mariner | 13,472 | 11,422 | -15% |
Nissan | Altima | 2,776 | 5,575 | 101% |
GM | Yukon/Tahoe | 0 | 1,136 | - |
Total | 181,972 | 182,517 | 0% |
Looking ahead, hybrid car sales for the year will likely remain flat from last year. The car companies are selling hybrid cars as quickly as they make them, practically custom production. High gas prices are fueling a sky high demand for hybrid cars. The problem is, there are only so many to go around. There are no additional hybrids that will make a significant addition to the sales, so we'll be left with a very similar picture that we had last year.
BTW, Sorry about the report going out so late this month. I was on vacation and didn't have a good chance to get this done.
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