Tuesday, September 02, 2003

Fuel prices driving sales of new hybrid autos ? I am not sure, but this report thinks so. The argument is : As long as prices continue to rise at the pump, the less gas people buy. That doesn't mean they're driving less, they're just finding cheaper alternatives to gas guzzling vehicles i.e. Hybrid cars! In any case, the hybrids and specially Prius seems to be getting a lot of press. However, its just not the press that is excited, it is also the owners. "When you buy a Prius, you feel like you're part of a movement," said Marsha Niles, a labor-relations adviser in Los Angeles.

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