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PR Newswire

EV and Hybrid Loyalty Falls to All-Time Low, Even as Overall Fuel Economy Thrives, Says Edmunds.com

Car-buying platform Edmunds.com serves nearly 20 million visitors each month. With Edmunds.com Price Promise®, shoppers can buy smarter with instant, upfront prices for cars and trucks currently for sale at over 10,000 dealer franchises across the U.S.SANTA MONICA, Calif., April 21, 2016 /PRNewswire/ -- Only 27.5 percent of all hybrid and electric vehicle trade-ins in 2016 have been applied to the purchase of another hybrid or EV, according to a new analysis from car shopping destination Edmunds.com. The rate is a precipitous drop from...