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The newest version of the electric Smart, set for demonstration projects in the US and Germany, will use lithium ion batteries that should give the car close to a 100 miles of range. After more than three years of rumors and heresy, Volkswagen has finally acknowledged that it is considering to bring a subcompact car to the US market in order to compete with the likes of the Toyota Yaris, Honda Fit, and a handful of other efficient foreign and domestic micro-offerings. In September, auto sales continued their grim downward trend. Overall, the car market shrank by 27% relative to last year. Volvo loyalists have been wondering for some time now about the Swedish carmaker’s near-term plans for producing an environmentally-conscious offering within its line-up. The Ford subsidiary has shown several such concept vehicles at various international auto shows, but there have been no formal announcements about taking any green ideas to market. Until recently, that is.
As investors grappled with the the potential ramifications of a looming global economic downturn today, oil prices fell to levels not seen since late 2007. The dive was precipitated by a growing sense that in the coming months, businesses and individuals around the world will be drastically cutting their oil use, and that a spike in demand from emerging economies is about plateau.
Hyundai has not yet put a hybrid car on the market—and yet the company is throwing around some big numbers for its hybrid program. Let’s start with 38 miles to the gallon. According to Hyundai, that’s the mileage expected from the hybrid version of the Santa Fe small SUV on display this week at the Paris Motor Show. |








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