Hybrids: Are You Ready to Repair Them?
While just one out of every 100 cars sold today is a hybrid, these gasoline/electric-powered vehicles are gaining traction among consumers expressing concern with protecting the environment, unease over the nation’s dependency on foreign energy imports and a growing animosity toward record profits being enjoyed by oil producers. Expect more than a million hybrids to be on the road by 2009. A third of them will be off-warranty by that time.
“The number of hybrid vehicles in operation continues to grow at a phenomenal rate—an average of 51 percent growth over the last four years,” according to Mary-Beth Kellenberger, consulting analyst for Frost & Sullivan.
Early estimates are that 1.5 percent of the new cars sold in 2005 are hybrids. Out of a total North American vehicle population of 244.1 million, some 435,000 are of the hybrid variety, accounting for 0.2 percent of the continent’s current fleet.
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