Sales of hybrid, diesel cars seen surging in United States

Newswire

DETROIT, June 28 (Reuters) - U.S. sales of hybrid and diesel vehicles will likely more than double in the next seven years, cornering up to 11 percent of the market on the back of rising gasoline prices, according to a study released on Tuesday. Gas-electric hybrid vehicles, which accounted for 0.5 percent of the U.S. market in 2004, are expected to increase to 3.5 percent market share by 2012, while diesels are expected to grow from 3 percent market share in 2004 to 7.5 percent, the study ...

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