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A plethora of new diesel offerings is driving sales, according to a new report from the Diesel Technology Forum. Sales of diesels rose 27.4 percent in 2011, according to numbers from HybridCars.com and market researchers Baum and Associates.
The Diesel Technology Forum pegs the overall market growth in 2011 at 10.2 percent, putting diesels' increase considerably ahead of the curve. Interestingly enough, the group says hybrid sales were down 2.2 percent. The non-profit coalition of diesel engine and technology companies includes such auto industry heavyweights as Chrysler, Daimler, Ford, General Motors, Mazda and Volkswagen.
Diesel sales are expected to grow to over six percent of the U.S. market by 2015, according to the report, and could reach as high as 7.4 percent by 2017, as more diesel models hit the market. Diesel-powered versions of the Jeep Grand Cherokee, Cadillac ATS, Porsche Cayenne, Chevrolet Cruze and Mercedes-Benz S-Class are slated for near-term U.S. release, according to the group.
To read the entire release, click past the jump.Continue reading U.S. diesel auto sales up 27% in 2011 while hybrid share shrinks
U.S. diesel auto sales up 27% in 2011 while hybrid share shrinks originally appeared on Autoblog on Wed, 11 Jan 2012 13:01:00 EST. Please see our terms for use of feeds.
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A plethora of new diesel offerings is driving sales, according to a new report from the Diesel Technology Forum. Sales of diesels rose 27.4 percent in 2011, according to numbers from HybridCars.com and market researchers Baum and Associates.
The Diesel Technology Forum pegs the overall market growth in 2011 at 10.2 percent, putting diesels' increase considerably ahead of the curve. Interestingly enough, the group says hybrid sales were down 2.2 percent. The non-profit coalition of diesel engine and technology companies includes such auto industry heavyweights as Chrysler, Daimler, Ford, General Motors, Mazda and Volkswagen.
Diesel sales are expected to grow to over six percent of the U.S. market by 2015, according to the report, and could reach as high as 7.4 percent by 2017, as more diesel models hit the market. Diesel-powered versions of the Jeep Grand Cherokee, Cadillac ATS, Porsche Cayenne, Chevrolet Cruze and Mercedes-Benz S-Class are slated for near-term U.S. release, according to the group.
To read the entire release, click past the jump.Continue reading U.S. diesel auto sales up 27% in 2011 while hybrid share shrinks
U.S. diesel auto sales up 27% in 2011 while hybrid share shrinks originally appeared on Autoblog on Wed, 11 Jan 2012 13:01:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
More...