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AUTOS
September 30, 2013 | By Jerry Hirsch
The new Toyota Corolla has barely hit car dealers but Toyota is already saying it plans to export the U.S.-built version of the compact sedan to 18 countries in Latin America and the Caribbean starting next year. Toyota said about 7,500 of the cars, which will be built at the Toyota factory in Tupelo, Miss., will be exported next year. “These shipments are expected to build upon Toyota's all-time record export of more than 124,000 U.S.-assembled vehicles to 21 global markets in 2012, an increase of 45% over the prior year,” the automaker said in a statement.
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CALIFORNIA | LOCAL
September 28, 2013 | By Patrick McGreevy
SACRAMENTO -- Gov. Jerry Brown on Saturday approved a four-year extension of carpool lane access for electric cars and low-emission vehicles, but vetoed a bill that would have allowed solo motorists in regular cars access to those lanes on two Los Angeles County freeways during off-peak hours. All together, the governor signed 20 pieces of legislation Saturday, including six bills promoting the use of low- and zero-emission cars. “Today, we reaffirm our commitment in California to an electric vehicle future,” Brown said in a statement.
SPORTS
September 27, 2013 | By Jim Peltz
Formula E, a proposed racing series featuring electric-powered cars, unveiled a provisional 10-race schedule Friday that includes a race in Los Angeles in February 2015. The series previously had said Los Angeles would be included in its global schedule of street races, and it held a press conference with city officials in April to promote the sport. The cars would be true race cars, roughly similar in size and shape to those in the IndyCar series. Formula E also is sanctioned by the FIA, the governing body of the Formula One racing series.
AUTOS
September 16, 2013 | By Jerry Hirsch
The trade group for California's new car dealers wants the state Department of Motor Vehicles to investigate Tesla Motors' advertising practices, alleging that the upstart automaker is violating various state and federal laws in marketing its electric cars. The California New Car Dealers Assn. claims that Tesla inflates the savings customers accrue from various federal and state incentives to encourage the purchase of electric cars and from other perquisites, such as a permit to drive solo in most California carpool lanes.
AUTOS
September 12, 2013 | By Jerry Hirsch
Inch by inch, hybrids and electric cars are gaining ground in the U.S. auto market. Automakers sold 54,855 hybrids in August, reports Autodata Corp., a sales tracking firm. That is a 32% gain from the same month a year earlier and an industry record for any prior month. Sales of rechargeable cars, which include plug-in hybrids such as the Chevrolet Volt and electric-only vehicles such as the Tesla Model S and Nissan Leaf, also set a record last month, climbing to 11,392, a 147% gain from the same period a year ago. Auto information company Edmunds.com says electric cars make up just 0.4% of the U.S. auto market now, but will grow to 1.5% by 2017.
AUTOS
August 27, 2013 | By Jerry Hirsch
Tesla Motors Model S has quietly become the third-bestselling luxury car in California, trailing only the Mercedes-Benz E-Class and BMW's 5-Series. Tesla has sold 4,714 of its Model S electric cars in the state during the first half of the year, according to the California New Car Dealers Assn. Only the Mercedes E-Class, with 6,582, and the BMW 5-Series, with 6,077, sold more. Moreover, it looks like California accounts for about 50% of the Palo Alto car company's total sales during the first half of this year.
AUTOS
August 21, 2013 | By Brian Thevenot
Now that Tesla Motors has turned a profit , and its Model S electric car has scored the top federal safety rating and the top Consumer Reports rating , what's left for the upstart Palo Alto automaker? Plenty. What Tesla has accomplished is remarkable, and it appears on track to become the first successful automotive start-up in a century. Investors certainly think so, having pushed the stock up 323% this year. Top 10 cheapest cars that get 35 mpg But whether the bullish bet pays off in the long term will depend on whether Tesla can break out of its niche of selling government-supported cars to rich people.
AUTOS
August 15, 2013 | By Catherine Green
Most electric vehicles are best used as second cars, given their short range and long recharging times. Now comes the Innova Dash -- a "third car" that lies somewhere between a golf cart and a passenger vehicle. “It's meant to be more of a third-car option than a primary vehicle,” said Marta Cyhan, Innova's U.S. managing director. “This is for people to try out, rather than [opt for] complete substitution.” PHOTOS: Plugging in: Electric cars Innova, an early-stage company based in Oak Brook, Ill., starts taking orders on the mini-electric car today and expects to deliver them starting in October.
BUSINESS
August 6, 2013 | By Jerry Hirsch
In an effort to juice up tepid sales of its 2014 Chevrolet Volt, General Motors Co. will slash the sticker price by $5,000, to $34,995, including shipping. The price cut makes the plug-in hybrid Volt more competitive with other rechargeable cars, including rival plug-in hybrids such as the Toyota Prius and all-electric vehicles such as the Nissan Leaf. Most of the big car companies have reduced the prices of their rechargeable vehicles this year because consumers have been slow to adopt the technology.
AUTOS
July 25, 2013 | By Catherine Green
The cost of owning an electric car is wriggling its way down to becoming competitive with its gas-powered peers, according to new projections by the Electrification Coalition. Representatives from the Washington, D.C., advocacy group said during a conference call Thursday that short-range plug-in hybrid electric vehicles are already cost competitive with cars powered by internal combustion engines, as well as hybrid electric vehicles. The recent analysis assumed five years of ownership and about 14,000 miles driven each year.
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