LOS ANGELES - Used-hybrid values have fallen over 25 percent as the demand for smaller, fuel-efficient vehicles has slowed, according to data from Kelley Blue Book (KBB). "More and more consumers base their purchasing decision on vehicle utility and price rather than fuel economy," said Juan Flores, director, vehicle valuation for KBB.
U.S. Hybrid Sales Down 44 Percent in March
WASHINGTON – U.S. sales of hybrids in March 2009 dropped 44 percent by volume year-on-year to 21,433 units, based on data reported by the Green Car Congress.