Ouch! Sales of Hybrid Cars Down 42.8% in December

10% for 2008
Hybrid cars have suffered from a power 1-2 combo punch in recent months. First, the global economic meltdown (housing bubble bursting, credit crunch, etc) sharply reduce car sales overall, and then oil prices fell like a rock, reducing the pain at the pump. This resulted in a year with a 10% drop in hybrid vehicle sales, and a staggering -42.8% in December compared to last year.