Page added on June 28, 2005
Vehicles powered by hybrid or clean diesel engines will double their US market share by 2012 as drivers shun gas-guzzlers because of high oil prices, new research predicted.
Such environmentally friendly engines are on course for 11 percent of auto sales by 2012 from 4.8 percent this year, according to the research study by JD Power-LMC Automotive Forecasting Services.
“Higher gas (petrol) prices are acting as a catalyst for automakers and consumers to find alternatives to the traditional gasoline internal combustion engine,” JD Power-LMC auto forecaster Anthony Pratt said.
Yahoo! News
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