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Fuel-efficient and electric cars gain in popularity as gasoline prices sprint ahead

General Motors reported that U.S. sales in April increased by 26% and that the company’s most fuel-efficient vehicles led the way. The company cited the recent increase in gasoline prices as the primary motivator for improved sales among these smaller and more efficient models. The Chevrolet Cruze saw a sales increase of 180% compared to the less efficient Cobalt it replaced. Sales figures for the Equinox and Terrain improved by 53% and 61%, respectively.

A second report found that a majority of Americans were inclined to switch to an electric vehicle when replacing their current one.

SOURCE: Citizens for Pennyslvania’s Future (Penn Future) May 2011

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