Hybrid car sales rebound

With the help of Green Car Congress, I’ve been tracking the percent share of U.S. auto sales attributable to hybrids. Back in November I predicted that hybrids would represent more than 2% of December sales, and missed the mark.

But despite the dismal overall trends in the auto industry, I’m pleased to see that for January 2009, hybrids accounted for 2.35% of U.S. new vehicle market share. That’s the highest January percentage ever, and something to be celebrated, especially when $2.00 gasoline has removed some of the near-term financial incentive to buy one.

Here’s the chart:

hybrid-car-sales.jpg

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erik