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Automobile2 sales have slumped3 around the world, with the latest data from December offering a grim outlook for some of the world's top car companies. Already, auto1 giant Toyota has announced plans to close its Japanese factories for 11 days in February and March in an attempt to reduce its inventory4 of unsold vehicles. One model that has been hit especially hard is the company's highly touted5, fuel-efficient gasoline-electric hybrid6.Toyota Prius hybrid car |
As a result, sales of Toyota's Prius hybrid - the best selling hybrid in the United States - tumbled 45 percent in December compared to the same time last year. And Toyota was not alone. Japan's number two automaker, Honda, saw U.S. sales of its hybrid vehicles drop almost 70 percent in December, selling only about 1,000 of the high-tech10, fuel-efficient cars.
Industry analyst Jesse Toprak says that while the slumping11 global economy has hurt all vehicle sales, trucks and sport utility vehicles outsold cars because of deep dealer12 discounts, lower gas prices and the fact that hybrids13 cost $3,000 to $5,000 more than conventional cars.
"If people know they're going to save money by buying a hybrid they will do so, otherwise it becomes a tougher sell," he said. "They care most about the financial 'bottom line' [the costs versus14 benefits]. And the truth is, despite our strong preference for these vehicles, when you do the numbers, most hybrid vehicles are still not very good financial investments."
Rows of cars sit on the lot at the Lordstown, Ohio General Motors plant, 12 Dec. 2008 |
Toprak says that could affect plans to help retool15 America's "Big Three" car companies - Ford16, Chrysler and General Motors. He says that if U.S. policymakers do not give consumers a financial incentive17 to buy fuel-efficient vehicles, encouraging Detroit to produce hybrids will not save the U.S. auto industry.
According to Toprak, the success or failure of the American car companies will likely have global consequences.
"Smaller start-up companies, particularly suppliers to automakers, especially in South America and China and Eastern Europe, may be hurt," he said.
In the meantime, major car companies around the world are bracing18 for more tough months ahead - suspending operations at some plants, laying off workers, and, in the case of Toyota, stopping construction of a new hybrid factory in the United States.
1 auto | |
n.(=automobile)(口语)汽车 | |
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2 automobile | |
n.汽车,机动车 | |
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3 slumped | |
大幅度下降,暴跌( slump的过去式和过去分词 ); 沉重或突然地落下[倒下] | |
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4 inventory | |
n.详细目录,存货清单 | |
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5 touted | |
v.兜售( tout的过去式和过去分词 );招揽;侦查;探听赛马情报 | |
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6 hybrid | |
n.(动,植)杂种,混合物 | |
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7 plunge | |
v.跳入,(使)投入,(使)陷入;猛冲 | |
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8 analyst | |
n.分析家,化验员;心理分析学家 | |
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9 tilting | |
倾斜,倾卸 | |
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10 high-tech | |
adj.高科技的 | |
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11 slumping | |
大幅度下降,暴跌( slump的现在分词 ); 沉重或突然地落下[倒下] | |
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12 dealer | |
n.商人,贩子 | |
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13 hybrids | |
n.杂交生成的生物体( hybrid的名词复数 );杂交植物(或动物);杂种;(不同事物的)混合物 | |
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14 versus | |
prep.以…为对手,对;与…相比之下 | |
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15 retool | |
v.改组,重新装备 | |
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16 Ford | |
n.浅滩,水浅可涉处;v.涉水,涉过 | |
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17 incentive | |
n.刺激;动力;鼓励;诱因;动机 | |
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18 bracing | |
adj.令人振奋的 | |
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