Gas price fallout: People trading in hybrids for SUVs

April 21, 2015 5:13 PM

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With gas prices low, more people are trading in their hybrid and electric cars for purely gasoline-powered vehicles, including SUVs.

So far this year, only 45% of people that traded in an environmentally-friendly hybrid car purchased another, according statisticians at In 2012, that figure was over 60% and this is the first time it has ever fallen below 50%.

Also read: As the Apple car dies, Tesla pushes the envelope on self-driving

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