Topics

Toyota Motor Corp.
Hybrid vehicle momentum stalls
Hybrid vehicle momentum stalls

Nowhere do automakers sell more hybrid vehicles than California, with its unique combination of environmental consciousness, high gas prices and traffic-choked highways. But new hybrid models will be in short supply at this week's Los Angeles Auto Show — one sign that the technology is still struggling to break out of its green-car niche, experts say. Although the pioneering Toyota Prius has been the bestselling car in California for two years and still sells well nationally, market share for all hybrids appears to have hit a wall at about 3% of all cars sold. The share hasn't increased in two years. "We're looking at a segment that has stagnated," said...

Loading