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A new Carnegie Mellon University study released last week reveals that hybrid and diesel-engine vehicles are a better value compared to vehicles with gasoline engines. The economics of hybrids and diesels are commonly evaluated based on their purchase price—on average higher than comparable gas-powered cars—compared to savings on fuel during their use. Retention of value—in [...] [...]
The Prius cannot be denied Many hybrids are class leaders OK. It’s not that big a deal that Kiplinger’s best car values for 2011 includes a number of hybrid vehicles as most fuel efficient vehicles in their segment for fuel economy. Big whoop, right? That’s what’s expected from hybrid cars. Nonetheless, according to Kiplinger at least one hybrid [...] [...]
Fuel cell vehicles make sense, but does hydrogen? Natural gas + fuel cells = huge interim potential? Not long ago Toyota claimed that not only have fuel cell vehicle costs dropped massively in the last few years, but that at least another 50 percent reduction was expected by 2015, bringing total costs down to about $50,000 per [...] [...]
Europe trying to get serious on oil independence Oil dependency just a game in the US? Now that automakers are selling plug-in vehicles, oil independence is just around the corner, right? Unfortunately, nothing could be further from the truth. Sadly, despite their long term potential plug-in vehicles are in many ways just a greenwashing excuse to continue [...] [...]
By Nick Chambers It’s official. The small car wars have begun. It started with the introduction of both the 2011 Chevy Cruze and 2011 Hyundai Elantra last year—of which the Elantra is a truly compelling package. But with the 2012 Focus—available in early 2011—Ford is bringing some real competition for the seeming-to-have-it-all Elantra. Both cars offer [...] [...]
The perfect platform for some heavy batteries? Including plug-in hybrids Chrysler has pretty much been a flop when it comes to hybrid vehicles. But, it’s early in the battery game, and pretty much anything is still possible. For instance, Chrysler’s plans to develop hydraulic hybrids might one day mean something. Additionally, Chrysler is working on plug-in hybrid pickup [...] [...]
Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) announced today that the company’s assembly plants produced 1,456,887 vehicles in 2010, an 18 percent increase compared to 2009. Visit @Toyota ACCESS to receive your news via e-mail. Update your RSS feed preferences. [...]
Ford Motor Company [NYSE: F] today reported 2010 full year net income of $6.6 billion, or $1.66 per share, an increase of $3.8 billion, or 80 cents per share, from 2009. This was Ford’s highest net income in more than 10 years, as strong products and new investments fueled improvements in all of the company’s [...] [...]
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