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Hybrid Tech just made $65 million from bankrupt Fisker loan

Filed under: EV/Plug-in, Hybrid, China, Fisker We can now see at least one possible reason for why Hybrid Tech Holdings LLC bought the US Department of Energy’s loan to Fisker Automotive last year for $25 million. The purchase is apparently worth $90 million today. The number is part of a settlement agreement that has come out of […] […]

Toyota Technical Center Announces Promotion of Fifth American Chief Engineer

Ann Arbor, Mich. (April 15, 2014) – As a boy, Monte Kaehr was always curious how things work.  Once the item of choice was disassembled he would try to put it back together to make it even better.  This mindset is the core of what engineers do, so it seemed only natural […] […]

Watch the Live Webcast of Toyota’s Auto Summit Presentation on April 16

Toyota Motor Sales, U.S.A., Inc. Senior Vice President Automotive Operations Bob Carter will speak at the Bank of America Merrill Lynch 2014 New York Auto Summit on Wednesday, April 16. Follow the presentation via webcast beginning at 11:05 a.m. EDT. Visit @Toyota ACCESS to receive your news via e-mail. Update your RSS feed […] […]

World’s Most Popular Car Model Hits 1.22M Global Sales in 2013

TORRANCE, Calif. (April 15, 2014) — Toyota Motor Sales (TMS), U.S.A., Inc., today announced Corolla global sales of 1.22 million units in 2013, according to the company’s internal data based on individual vehicle sales reporting from its distributors. Visit @Toyota ACCESS to receive your news via e-mail. Update your RSS feed preferences. […]

FEV says new PHEV transmission ready for ‘sports car performance’

Filed under: EV/Plug-in, Hybrid, AutoblogGreen Exclusive, SAE World Congress At the SAE World Congress in Detroit last week, FEV showed off what it calls an “innovative” new plug-in hybrid transmission. The reason for that moniker is that the system does away with the need for a torque converter while offering two speeds, which makes it particularly […] […]