Hybrid Car Market Nearly Doubles

Led by Toyota’s venerable Prius, the Hybrid car market nearly doubled in 2004 from the year before. Despite the vehicles’ higher costs, government incentives combined with a surge in consumer awareness have continued to make hybrids the rising stars in the automotive marketplace. Some estimates suggest that within 10 years, hybrids will account for a third of all vehicles sold. Toyota and Honda are the clear leaders in the field; it remains to be seen if US car makers can join them with similar success. (AP via MyYahoo)