Ford Predicts Industry-Wide, Domestic SAAR of 12 Million Vehicles this Month

Ford Motor Company predicts domestic, industry-wide sales to reach a seasonally adjusted annual rate of around 12 million vehicles this month.

Posted in In the News

Major Automakers Adopt Tesla’s Battery Technology

Toyota Motor Corporation, BMW AG and Daimler AG may adopt Tesla Motors’ approach to powering their electric vehicles. Instead of the heavier, more expensive lithium-ion batteries produced specifically for electric vehicle use, California-based Tesla Motors Incorporated re-purposes lighter, cheaper lithium-ion batteries commonly used in laptop computers.

Posted in In the News

Fiat Looks to Market Natural Gas-Powered Vehicles in U.S.

Instead of competing with Nissan, GM, Ford and others for its share of the electric vehicle market in the U.S., Fiat plans to push its natural gas engine technology. In Europe, Fiat owns the lion’s share of the natural gas powered vehicle market.

Posted in In the News

Obama Administration Bolsters Hybrid Auto Sales as Consumer Demand Declines

According to a new report by Bloomberg, nearly one quarter of all Ford and General Motors hybrids sold since President Barack Obama took office have been purchased by his administration in an attempt to offset waning consumer demand.

Posted in In the News

Chevy Volt Named 2011 “Green Car of the Year”

On the same day GM launches its IPO, the Chevy Volt is named the 2011 “Green Car of the Year” at the Los Angeles auto show.

Posted in In the News

GE Orders 25,000 Alternative-Energy Fleet Vehicles

General Electric Company’s acquisition of as many as 25,000 battery –powered vehicles may encourage other large businesses to consider electric vehicles for their corporate fleets.

Posted in In the News

Mercedes Plays it Smart in Bid to Topple Lexus as Top Premium Brand in U.S.

According to one executive, Mercedes-Benz won’t offer incentives as it attempts to topple Toyota Motor Corporation’s Lexus division as the top-selling premium brand in the U.S.

Posted in In the News

Consumer Reports Rates Ford, Toyota and Honda as Most Reliable Brands

Consumer Reports has come out with its annual survey of the most reliable foreign and domestic models for 2011. Ford Motor Company is ranked as the most reliable domestic brand while Toyota and Honda topped the list of import brands.

Posted in In the News

Domestic New Vehicle Sales Expected to be Highest of the Year in October

Domestic retail sales of new vehicles are expected to reach their highest level of the year this month according to a new report by J.D. Power & Associates.

Posted in In the News

Prius Sales in Japan Expected to Plunge as Government Incentive Program Ends

For more than a year now, government subsidies have help bolster sales of the Prius hybrid in Japan. As the incentive program draws to a close, however, most analysts expect sales of Toyota’s most successful hybrid model to plummet in that market.

Posted in In the News

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