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Automakers Killing the Hybrid Market?
Automakers Killing the Hybrid Market? - Trends
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Nevertheless, it’s a positive sign for the domestic auto industry that at last the U.S. companies may have bottomed out after so much trauma, after Chrysler and GM going bankrupt last year. As U.S. auto sales climb out of the present trough (see chart of the Seasonally Adjusted Annual Rate through May) that puts the domestic companies in position to cash in when demand rebounds. Year to date through five months, the Detroit Big Three brands combined had a U.S. market share of 45.3 percent, up from 44.7 percent in the year-ago period, according to AutoData . The increase is entirely due to Ford, because share was down for ...
David Peichel’s commute from his home in south Minneapolis to his job at Medtronic in Mounds View is about 35 miles round trip. Usually that’s no big deal. Unless you’re Peichel, and you never have gas in the tank — not one single drop. Peichel drives a ‘97 Geo Metro he converted into an electric vehicle about two years ago. When the weather’s nice, its lead-acid batteries can take him to work and back with a little juice to spare. But to ensure he makes it home in Minnesota’s battery-sapping winters, he sometimes runs outside in the afternoon to move ... Read More
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