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Wednesday, October 19, 2005

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Luxury car makers say hybrids overrated
10/19/2005
 

          TOKYO, Oct 18 (AFP): Soaring gasoline prices won't kill the gas-guzzling sport utility vehicle, while fuel-efficient hybrids are an overrated niche technology that will capture only a small share of the global auto market.
These are the views -- perhaps unsurprisingly -- of executives of two of the world's leading luxury car makers, DaimlerChrysler and BMW.
The future boss of DaimlerChrysler, Dieter Zetsche, who now heads the group's Mercedes brand, told an auto conference here he was confident that SUVs would remain popular.

 

 
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Luxury car makers say hybrids overrated
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