Like most U.S. car dealers, Scott Kunes has some electric vehicle whiplash.
In the third quarter, he sold EVs like ice cream at the beach. However, after federal purchase incentives expired at the end of September, those models have been tough to move at his company¡¯s 50 or so Midwest stores selling about 20 different brands, from Mitsubishi to Mercedes-Benz.
But buyers aren¡¯t necessarily turning to gas guzzlers. On Kunes¡¯ lots, hybrid vehicles are in high demand, a preference that¡¯s playing out across the country. While fully electric cars and trucks made up 10% of all auto sales in the U.S. in the third quarter, another 15% of transactions were for hybrid vehicles.
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