Will Hybrid Cars Dominate The Uk Car Market In 2010?
Year 2009 has seen a drastic recession of all times, and consumers all over the world have changed their spending habits. It has become a matter of concern for each and everyone to spend wisely. People are now well-aware of the need to buy only those products that are pocket-friendly as well as environment-friendly. Environmental issues and climate changes around the globe have raised alarm regarding the future of Earth.
We should strive for the implementation and success of Green Revolution by opting for hybrid cars. The consumer market in the UK is ways ahead in realizing the importance of investing in hybrid cars. This is evident from the fact that most of the motor shows display hybrid cars, to give the consumers a choice to make a change to this world.
According to BBC, Toyota has announced that it shall manufacture a hybrid model of its Auris hatchback in the UK, from the year 2010. This would be the first time that Toyota would be manufacturing a car outside Japan or USA.
This shall greatly reduce the price of hybrid cars in the UK as compared to the imported hybrid cars. This will also prove to be an incentive for other emerging hybrid car manufacturers to set up their plants in the UK. Consequently, consumers will be able to deal in competitive prices, and the hybrid car industry shall flourish. Hence, there is no reason why hybrid cars cannot dominate the UK car market next year.
Hybrid cars may be costly when buying, but the low maintenance cost and high fuel economy are the value-added factors that make it compelling for the car buyers. Currently, the US market tops the hybrid car sales, followed by Japan and Europe.
The hybrid car market of the UK is bound to increase in the year 2010, due to various other factors as well. Though the fuel prices are now in control as compared to the surging oil prices in the year 2007-2008, but it is still not possible for the consumers to keep up with the road taxes, especially in the UK. People who own green cars have to pay less tax than those running conventional cars. Moreover, efforts are being made on the national scale to decrease the depreciation of hybrid car value. This will make resale value equally beneficial for the buying and the selling parties.
The hybrid car technology is being constantly evolved and improved. It is being structured and designed to suit the extreme weather temperature of the UK. Toyota as well as Honda models are striving to introduce special features in hybrid cars to attract the consumers.
Owing to the bad financial picture worldwide, consumers are wary of investing in new cars. But, with proper advertisement and government support, hybrid cars can make a breakthrough in the UK car market, in the year 2010. Even if it does not dominate it, it is bound to increase sizably.