Edmunds.com Says High Gas Prices Boost Hybrids


A new study pub­lished by Edmunds.com says the tip­ping point for con­sumers con­sid­er­ing whether or not to buy a hybrid is a nation­al aver­age of $2.80 per gal­lon. If the price con­tin­ues to climb to $4.00 per gal­lon, the effect on con­sumers’ buy­ing deci­sions will be dra­mat­ic with triple-dig­it per­cent­age shifts to hybrids and away from tra­di­tion­al SUVs.