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Top 2009 News: Hybrid Resale Values Decline More than 25%

LOS ANGELES - Used-hybrid values have fallen over 25 percent as the demand for smaller, fuel-efficient vehicles has slowed, according to data from Kelley Blue Book (KBB). "More and more consumers base their purchasing decision on vehicle utility and price rather than fuel economy," said Juan Flores, director, vehicle valuation for KBB.

Hybrid Resale Values Decline More than 25%

LOS ANGELES – Overall hybrid sales have dropped significantly as a result of the nationwide decline in gasoline prices, with used-hybrid values falling over 25 percent since last summer.

Hybrid Resale Values Decline More than 25%

LOS ANGELES – Overall hybrid sales have dropped significantly as a result of the nationwide decline in gasoline prices, with used-hybrid values falling over 25 percent since last summer.

Chrysler to Extend Shutdowns at 3 Plants

DETROIT – By idling plants, Chrysler and other automakers can cut costs on inventory, components, and related charges such as utilities for operating large production facilities.

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