February 27, 2007

Hybrid registration growth rate slows in the U.S. in 2006

Southfield, Michigan – The growth rate of registrations on hybrid vehicles in the U.S. slowed in 2006, even though it was a 28 per cent increase over 2005, according to data released by R.L. Polk & Company. The increase is the second-lowest year-over-year increase since 2000. The company recorded 254,545 new hybrid registrations in 2006.

California continues to lead the nation, with Los Angeles, San Francisco and San Diego registering a combined 22.3 per cent of all hybrid registrations. In order, the top ten states for new hybrid registrations in 2006 were California, Florida, Texas, New York, Virginia, Illinois, Washington, Pennsylvania, Massachusetts and New Jersey. The top ten hybrid markets, in order, were Los Angeles, San Francisco, New York, Washington D.C., Boston, Chicago, Seattle, Philadelphia, San Diego and Denver. Overall, hybrids reflect just over 1.5 per cent of all new vehicle registrations in the U.S.

The Toyota Prius led the segment with 42.8 per cent of new hybrid vehicle registrations, followed by the Toyota Highlander at 12.5 per cent, and the Honda Civic at 12.3 per cent. Combined, Toyota and Lexus had more than 75 per cent of all new hybrid registrations in 2006.

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