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via finance.yahoo.comBusiness & Companies

Hybrids make gains in US auto market amid high gasoline prices

FROM THE WIRE · FINANCE.YAHOO.COM

Strong demand for hybrid vehicles has boosted US sales of leading Japanese and South Korean automakers, including Toyota, which leads the segment in market share (JUSTIN SULLIVAN) Electric vehicle growth has hit a speed bump in the United States, but hybrid autos are gaining…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong hybrid demand supports US sales of Japanese and Korean automakers.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01US hybrid demand has grown as gasoline prices rose.
  2. 02Honda announced $3 billion for a new hybrid plant in Ohio.
  3. 03Nissan launches its first significant US hybrid this fall.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Nissan Motor Co., Ltd.7201.TSEStock265.80 JPYMarket closedtoday -0.56%Positive Honda Motor Co., Ltd.HMCStock34.30 USDMarket closedtoday +2.30%Positive Toyota Motor CorporationTMStock212.43 USDMarket closedtoday +1.31%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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