Emergency Insurances And Diesel And Hybrid Vehicles Gaining Market Share
According to the Specialty Equipment Market Association’s (SEMA) 1st quarter manual for the year 2007, a recent J.D. Power and Associates reported that while gas-propelled engines remain dominant in the U.S. market, hybrids and diesels are gaining market share. It is well known that rising fuel prices and environmental concerns are the two main precipitants pushing consumers toward alternative-fuel vehicles. Check out more about Hybrid Vehicles.
As fuel costs rise, diesels seem a natural solution for the USA, especially for car manufacturers with large operations in Europe, where diesel vehicles are already in large demand, said J.D. Power and Associates Automotive Forecasting Manager Kevin Riddell.
A car with a modern diesel motor will have 30% better gas economy than a comparable gasoline motor. Also, advances have made modern diesel motors perform like gasoline engines in terms of noise, filtering systems and drive quality, said Riddell. While car hybrids still only share a relatively small part of the vehicle market, they are enjoying great annual sales growth. Buyers are becoming more aware of the environmental perks and gas-savings recognized by driving a hybrid vehicle. Rental fleets, delivery fleets and taxi services are acquiring thousands of hybrids to their vehicle pools. AMSOIL provides superior synthetic lubricants for nearly all applications, including hybrid and diesel-powered vehicles. Not only that, but AMSOIL synthetics boost fuel economy and reduce our impact on the environment by extending drain intervals.
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