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Hybrids get a high-five
Jul 23, 2008 - 1:08 PM - by xcel
Fuel costs are converting even the most strident. Memphis Business Journal - July 23, 2008 2008 Toyota Prius - A no-brainer… If you can find one. Payback? How about instantly vs. any non-hybrid compact that loses thousands more the second you drive off the lot! -- Ed. Buying a hybrid car is a "definite possibility" for the vast majority of Memphis Business Journal readers who took part in this week's online Business Pulse poll. Asked if they would ever buy a hybrid, 75 percent, or 169 of the 225 readers who participated in this week's poll, said yes. Only 11... [Read More]
3 Replies \| 88 Views
Toyota tops General Motors sales in first half of 2008
Jul 23, 2008 - 12:55 PM - by atlaw4u
GM said the U.S. market in July was continuing to be "challenging." David Shepardson - Detroit News - July 23, 2008 General Motors Corp. said its global sales fell 5 percent in the second quarter of the year, sapped by a steep decline in U.S. sales, even as Toyota Motor Corp. widened its lead in its race to lead worldwide sales for the first time. GM said it sold just over 2.28 million vehicles worldwide in the quarter, thanks in part to a total overseas increase in sales of 116,000 vehicles, or 10 percent. Several GM brands posted strong overseas growth: Cadillac was up 14 percent, while Chevrolet was... [Read More]
1 Reply \| 41 Views
Ford vows to lead in fuel economy
Jul 23, 2008 - 12:50 PM - by xcel
Mark Field’s, Ford President of America’s optimistic ahead of posting of quarterly results, more cuts. Sarah Webster - Detroit Free Press - July 23, 2008 Ford F-150 sales are off over 22% for the year and an astonishing 40% last month alone! Why were highly paid auto exec’s at a loss to plan for sagging gas guzzler sales with ever increasing fuel costs over the past 3 + years? -- Ed. RICHMOND, Ind. -- Ford Motor Co.'s president of the Americas, Mark Fields, on Tuesday said Ford would be dedicated to making its future vehicles "meet or beat the competition in fuel economy" in the face of $4-a-gallon... [Read More]
4 Replies \| 78 Views
BMW builds electric Mini for California
Jul 23, 2008 - 7:41 AM - by atlaw4u
BMW plans to export nearly 500 electric versions of its Mini car to California, company sources said. Bettina Mayer - Automotive News - July 9, 2008 The electric Minis are being built at the Mini factory in Oxford, England, without engines, gearboxes or fuel tanks, then shipped to Munich, Germany, where they are being fitted with electric powertrains. "This step will allow the BMW Group to gain an initial knowledge of how mobility can be achieved efficiently using purely electrically powered vehicles. Our task here is to combine the ultimate driving experience with an efficient electrified drive with practically no emissions",... [Read More]
6 Replies \| 211 Views
Nissan partners with Tennessee to promote electric cars
Jul 22, 2008 - 10:21 PM - by xcel
Nissan hedging its bets in case Project Better Place falters. Brent Snavely - Detroit Free Press - July 22, 2008 Renault/Nissan’s Megane BEV conversion -- 0 to 60 in 8 seconds and 100 to 120 mile AER. 2010 appears to be the cross-roads when the electric drivetrain will once again become common place. Just like 1910 -- Ed. NASHVILLE, Tenn. — Carlos Ghosn, President and CEO of... [Read More]
1 Reply \| 182 Views