US Sales of Hybrids Down 6% in July 08
| US sales of hybrids were down 6% in July 2008 year-on-year, for a new vehicle market share of 2.4% ofr the month. |
| The ongoing strength of world economic growth last year, despite financial market turmoil which began in August, continued to support global energy consumption. Although Growth in primary energy consumption slowed in 2007 compared to 2006, but at 2.4% it was still above the 10-year average for the fifth consecutive year, according to the BP Statistical Review of World Energy. Coal remained the fastest-growing fuel, but oil consumption grew slowly. |
| US vehicle miles traveled (VMT) dropped 1.8% in April, for the six monthly decline in a row. Total estimated VMT for the month was 245.9 billion miles. Moving 12-month total shown. |
| Car sales in May exceeded truck sales for the third month in a row, with the gap between the two widening each of those months. |
| Reported sales of hybrids broke past a 3% share of new vehicle sales in April 2008. |
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