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Wednesday, July 3, 2024

Hybrids, PHEVs make up record sales share

2023 Honda CR-V Hybrid Sport TouringHybrids and plug-in hybrids accounted for a record 11% of U.S. car sales in the first quarter, reports Automotive News, citing data from Cox Automotive. Sales of hybrids more than doubled in Q1 compared to a year earlier, the Cox data showed, while plug-in hybrid sales rose 59% in the quarter. Owner loyalty was also strong, with 42% of hybrid...

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