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Hybrids escape falling Q1 car sales
US Q1 Car sales have plummeted by 8 per cent as compared to the same quarter one year ago. Some car manufacturers are worse off than others. Guess who is doing better than average?
Business Week reports: "'Gas-sippers including the hybrid Toyota Prius, the hybrid Camry, and the tiny, gas-powered Toyota Yaris all had record U.S. sales in March', said Bob Carter, Toyota division group vice-president and general manager, in an Apr. 1 conference call with reporters. 'Fuel economy is foremost on the minds of consumers,' he said."
We'll try and find out whether or not the same trend can be seen in Europe and get back to you on this soon.
In the meantime, read the full article here.
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