Fuel Prices Down, But Hybrid Sales Up
Detroit Bureau, Friday, July 20, 2012 9:15 AM
With fuel prices taking an unexpected tumble since nearing an all-time peak in April, sales of pickups, SUVs and other lower-mileage models have begun bouncing back. But a new study suggests that demand for electric vehicles and hybrids is anything but dead. Sales of dedicated hybrid and alternative-energy vehicles surged more than 164% in June, per Kelley Blue Book.
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