BYD F0 is one of 71 China-market vehicles qualifying for a newly approved fuel-efficiency subsidy from the Chinese government. Earlier this year, China announced hefty incentives for purchases of electric vehicles and plug-in hybrids: about $8,800 for full battery electrics and $7,300 for plug-in hybrids. That’s a step up from the U.S. subsidy for [...] [...]
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Toyota Auris Hybrid Toyota begins selling the Auris Hybrid in the U.K. on July 1. This is a milestone for a number of important reasons. First, it’s the first time a full hybrid has been targeted for the heart of the European market. The Auris—which uses the same technical architecture as the Toyota Prius— is a [...] [...] In an organizational move providing more regional autonomy to Toyota’s North American manufacturing operations, the company is making appointments resulting in increased local leadership at its plants. Visit @Toyota ACCESS to receive your news via e-mail. Update your RSS feed preferences. [...] Ford Motor Company (NYSE: F) today is reducing its debt by more than $4 billion – primarily by retiring debt owed to the UAW Retiree Medical Benefits Trust ahead of schedule. The company said it is taking the action to further strengthen its balance sheet as it gains momentum on its One Ford plan [...] [...] The Ford Fiesta had a memorable debut at the X Games in 2009, winning gold and taking bronze in its first X Games rally competition. This year the Ford Fiesta will return to defend its title with an all-star four-man driver lineup that includes Ford rally superstar Ken Block at X Games 16 in Los [...] [...] |
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