Here at GCC, we track hybrid sales by the sales figures released by the manufacturers. (Earlier post.)
Another view of the market comes from looking at the registrations of new vehicles.
Nationwide registrations for new hybrid vehicles jumped 81% to 83,153 in 2004 compared to the prior year, according to R. L. Polk & Co.
The Toyota Prius recorded 53,761 new hybrid vehicle registrations in 2004, a 33 percent increase over 2003 and commands 64% of the hybrid market. The Honda Civic Hybrid follows with 25,586 registrations and 31% percent market share.
Since the introduction of hybrid vehicles in 2000, the market has grown by more than 960 percent.
According to the data, California strongly outpaces all other states in new hybrid vehicle registrations. In 2004 there were 25,021 new hybrid vehicle registrations in California, about 4.5 times that of second place Virginia with 5,613. California hybrids accounted for 30% of all new hybrid registrations in the US.
Of that California number, Los Angeles and San Francisco (the number one and two cities respectively) represent 18,540 registrations—almost 75% of the California total and 22% of the national total.
|Top 5 in New Hybrid Registrations, 2004|
|Source: R. L. Polk & Co.|
(A tip of the hat to Car Buyer’s Notebook.)