Posted on March 24, 2008 in Latest News
Since the hybrid cars are becoming increasingly popular in auto mobile market, for these cars have been more hyped to be eco-friendly and capable of slowing down the global warming process.
As a result of this hype, people are also appearing to be more inclined to the hybrid cars, not only for its eco-friendly nature and fuel efficiency but for the increasing awareness about global warming. Now, common people are really keen on saving their earth by every possible way.
Global Auto Market Going Green with Eco-friendly Cars
Most of the remarkable automobile makers of the world, are coming up with these hybrid cars. More significantly, Korean auto market has been feeling the wave of these eco-friendly cars.
Two famous automobile manufacturers like Toyota and Hyundai Automotive are speeding up to launch their hybrid cars. On the other hand the Japanese auto majors such as Honda is also at the same path by selling hybrid cars.
“Because oil prices keep rising and more and more consumers care about environment, Korea also will see an increase in demand for eco-friendly cars, including hybrids,” said Kang Chul-koo, executive, Korea Automobile Manufacturers Association
The auto mobile majors like Toyota and Hyundai are concentrating more and more on manufacturing hybrid cars considering the recent market traits.
According to the automotive experts the market of hybrid cars will grow up to 750,000 units by this year only and by 2010 it will certainly reach the one million mark basically, most of the global automakers are testing their fate on this hybrid and eco-friendly car making as it is believed to be the gen-next strategic business.
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