The high price of petrol in the US is pushing the sale of Asian hybrid cars

The cost of petrol increases and the rush to purchase starts hybrid cars. It’s mainly Asian manufacturers, like Toyota e Hyundai to take advantage of a sudden increase in demand in the Use of hybrid models.

The Big Three of Detroit and the retail sector are paying the price for this change of gear fully electric vehicles, hit by a sharp drop in sales. The reports it Financial Times, which cites RBC Capital Markets, according to which model sales hybrids they increased by almost 20% in July compared to the same month last year, in a context of a general decline in the US auto market of 1.5%.

The growth of Asian brands

In detail the Korean group Hyundai saw sales of its models increase by 62% compared to the previous year. The decision to convert a large plant in the state of Georgia to make models also weighs heavily hybrids and EV. Toyota saw sales grow by 22%, while Honda it stopped at 15% more.

The dominance of hybrids in the USA

In total, Asian companies have come to control 86% of the US segment United States. American consumers are rewarding traditional hybrids compared to plug-in ones, because they guarantee immediate savings on consumption and do not force owners to encounter charging problems. The growth of electrical it is also held back by the stop to the 7,500 dollar tax incentives, imposed by the Trump administration. More and more motorists are deciding to abandon battery-powered vehicles and switch to hybrids, with 21% of former owners Tesla, as reported by the Financial Times, which chooses this solution, especially preferring Toyota models.

The run-up of Ford and General Motors

Left behind onhybrid, Ford e General Motors they have seen registrations of electric cars collapse and are now taking action. Both groups have started the reconversion of their ranges, focusing on hybrid models and on extended range electric vehicles, a technology considered ideal for large pick-ups.