Uh-oh. Car dealers can’t give hybrids away.

by editor on July 7, 2010

gm hybrid sales plummetRemember how the Obama administration’s Car Czar told us that General Government Motors path to future prosperity was hybrid cars? Turns out that pronouncement was about as accurate as the rest of the forecasts from this gang of economic incompetents.

PlanetGore has the sobering sales stats:

June’s weak vehicle sales were more bad news for the president’s Magical Summer Stimulus Recovery Tour. But they were also bad news for Greens — as sales of hybrids tanked, slipping under 2 percent of market share and well below their 3-percent-of-market high in the $4-gas summer of 2008.

Even conservative industry analysts like J. D. Power had predicted three years ago that a 5 percent hybrid market share by 2010 (one top analyst predicted 17 percent of market by this year!), but the latest figures are a further indication that hybrids are a small-vehicle niche and call into question Washington’s decision to pour hundreds of millions of taxpayer dollars into hybrid and electric-vehicle production. Hybrid models across the board were in free fall — even the iconic Prius.

Meanwhile the dreaded SUV continues to rebound — now totaling 49 percent of sales to 51 percent for cars. The result is good news for Detroit’s bottom line (trucks are more profitable than cars) even as auto execs publicly — and perversely — sing the praises of the small cars Washington wants.

Just a wild guess, but we’d guess that a chart showing hybrid sales would look like a clone of a chart showing Obama’s approval ratings.

Source: Planet Gore

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4 Comments on "Uh-oh. Car dealers can’t give hybrids away."

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deepthinker
Member

Can anyone else hear the flushing sound. Just stand there and watch our money go round and round until it disappears down the drain. Just wait, the numbers have not been run thru the processor and cooker yet. By the end of the year there will be this drastic and magical jump in these POS.

Ruben
Member

What else would you expect from a hybrid president? He’s black; he’s white. He’s a family man; he’s hip. He’s clean and articulate; he’s as corrupt as any Chicago political thug ever was. He ran as a moderate; He’s actually a Marxist. He’s a Christian; He’s an Islamist (“…by their fruits ye shall know them” so let that preempt any argument to the contrary).

I can only hope his agenda implementation tanks like hybrid sales.

MichiganVet
Member

Lets put Congress in mini-car hybrids first and show us how it’s done. Then the presidential limosines, secret service and *everyone* in San Francisco. Leaders lead by example, liberals tell everyone ELSE what to do and how to do it.

Oh, and that bad AC? Turn it off in the White House first. Then the Senate – all their offices … remember Hairy Reed’s smarmy comment about “smelly tourists” ….

Vic
Member

Gawd Harry Reid. You know what I did for the environment? I took a photo of Scary Harry, put it inside my vacuum cleaner, and now it sucks so bad, I can never turn it off! I’m afraid to try one of Skanky pelosi. (caps intended)

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