Hybrid Car Sales Drop 53 Percent in November '08

Toyota Prius sales off 50% while Camry Hybrid fell 57%, while conventional car sales were off by 37%.

Published: 05-Jan-2009

DETROIT -- U.S. hybrid car sales plummeted in November, falling faster than sales of conventional, gasoline-powered cars, an industry research group said.

Just as automakers were scrambling to turn their production over to smaller cars after gasoline prices spiked in the summer, the falling price of gasoline threatens to dampen new initiatives.

Autodata said hybrid gas and electric car sales fell 53 percent in November from a year ago, compared with a 37 decline in vehicle sales overall, the Financial Times reported Friday.

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