January Green Car Sales Show Consumers Are Still Observing Trends
Americans were not cashing in to purchase green cars in January, as Tesla's Model 3 and Nissan's Leaf electric vehicles still remain unrevealed.
The sales of hybrids, plug-ins, and fuel-cell vehicles for January went down by over 8 percent from the previous year to just 30,000 vehicles. It was a 6 percent decline for plug-in vehicle sales and 10 percent for green-car sales.
Only a few automakers emerged unaffected. Both Ford and General Motors, which had increased green-car sales in 2017, had months that show decline. It was a 37 percent plummet for Ford's green-car sales. Even the Chevrolet Bolt EV sales went down by a whopping 56 percent. GM also declined 3.3 percent to 3,028 vehicles. Even Honda's green-car sales went down, as its Accord Hybrid sales plummeted to 72 percent, translating to 487 units. On the other hand, BMW's i sub-brand of plug-in vehicles experienced 4.2 percent sales drop to 414 units.
As for Toyota, it was the only brand to stay afloat, increasing green car sales by 5 percent. While the four Prius variants netted an 11 percent decline in January, Camry, Highlander, Avalon and Rav4 Hybrid sales balanced it out with an increase in sales, while Mirai fuel-cell vehicle sales increased by almost twice.