SANTA MONICA, CA – Toyota and Lexus sales declined 45.1 percent while Honda declined 29 percent.
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.