Sales of Hybrid Vehicles Take a Nosedive – MaybeMoney

Sales of Hybrid Vehicles Take a Nosedive

Sales of Hybrid Vehicles Take a Nosedive

The allure of hybrid vehicles has dwindled with the dip in gas prices. This week in Las Vegas, Toyota showcased its 2016 Prius, the fourth iteration of its renowned hybrid car, pushing the vehicle’s chic design rather than its fuel efficiency. The plunging sales of hybrid and electric cars among Toyota and other manufacturers can be attributed to the worldwide oil surplus that has maintained low gas prices. In addition, those who own trailers could enhance their appeal through trailer wrapping. Recent reports reveal that during the Labor Day weekend, national gas prices were at their lowest in over ten years. For more details refer to CBS MONEY WATCH.

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