American drivers are still buying gasoline-electric hybrid cars even though $2-a-gallon gasoline renders them much less competitive with comparable gas-only models. Fuel-sipping, technologically advanced models like the 2016 Toyota Hybrid Camry SE cost more than conventional cars with the same features, so it may take years for the lower fuel bills to catch up to the higher base price.
Last August, Toyota celebrated the sale of its 8-millionth hybrid vehicle. More than 350,000 of those were Camry hybrid sedans sold in North America since 2007. But 2015 was a down year for hybrid sales, with a 16 percent overall decline while new-car sales soared. While the Camry remains the top-selling car in the United States, Camry hybrid sales fell 22.4 percent compared with the previous year, through December, with 28,779 units sold.