Despite all the waving of flags and tooting of horns about Toyota cleaning American car companies' clocks with its environmentally friendly auto technology, and in spite of all the predictions, consumers are thus far less than whelmed:
Gauging The DemandIt is as it's always been. Cost vs. benefit. Nobody (except the Democrats who now have all the guns) can defy the laws of economics.
Before committing to alternative-fuel vehicles, automakers are . . .
By Sholnn Freeman, Washington Post Staff Writer
With great hoopla, automakers will unveil futuristic prototypes next week at the Detroit auto show, including advanced hybrids and a gas-electric sports car, the FT-HS, from Toyota.
The hype is racing ahead of consumer appetite for alternative-fuel vehicles, industry experts say. Only a small fraction of the cars on the roads are hybrids and diesels, which get better fuel mileage than gasoline-only cars and burn cleaner than they used to. While such vehicles have distinct advantages, consumers for the most part seem unwilling to pay their higher prices. As a result, carmakers will push ahead cautiously before deciding to turn out large numbers of the vehicles. (link)