The auto market is poor so demand in general is muted.
Hybrid sales are best when gas prices are high so with lo gas prices
demand for hybrids
is not as high as it could be. The reason for the lower gas prices is
the poor outlook
for the immediate economy.
On Jun 19, 2:13*am, sjmmail2000-...@yahoo.co.uk wrote:
> Bloomberg reports that Honda has dialed-back its US sales predictions forthe Insight hybrid by a third. "First-year Sales of Honda's gasoline-electric*Insight, which debuted at U.S. dealerships in late March, may be between 50,000 and 60,000 units,*John Mendel, the company's U.S. executive vice president, said in a June 11 interview at Honda's U.S. headquarters in [....]
> Read More:http://www.thetruthaboutcars.com/honda-insight-a-flop/
>
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> Honda NewsHub: Latest auto news sourced from websites, portals and blogshttp://www.carshops247.co.uk/news/Honda.html