Who’s Winning the Race in Electric Car Sales? (TM, F, GM, HMC, TSLA)

24/7 Wall St.

U.S. sales of hybrid electric vehicles (HEVs) are running nearly 68% higher in the first 10 months of 2012 compared with the same period in 2011. Total vehicle sales are up 13.8% according to the latest data from hybridcars.com.

The top seller remains Toyoto Motor Corp. (NYSE: TM), with Ford Motor Co. (NYSE: F), General Motors Co. (NYSE: GM), Honda Motor Co. Ltd. (NYSE: HMC), and Tesla Motors Inc. (NASDAQ: TSLA) all showing year-over-year growth.

Hybrid electric vehicles garnered 3.06% of new car sales in October 2012, compared with 1.97% in October of 2011. A total of 33,290 hybrids were sold this October compared with 20,056 a year ago. For the current year to date, a total of 355,806 hybrids have been sold, up 67.8% from the October 2011 total of 211,596. All new car sales year-to-date total 11,949,690.

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