August 23, 2006 |
Some hybrid cars will pay for the premium added to their sticker prices because of high gasoline prices and tax credits on the more fuel-efficient vehicles, a study by consumer-focused website Edmunds.com showed. Assuming vehicles were driven 15,000 miles per year and gas was at $3 a gallon, owners of Toyota Motor Corp.'s Prius and Ford Motor Co.'s Escape Hybrid would break even in three years, Edmunds.com found. Buyers of the Saturn Vue Green Line from General Motors Corp.
October 29, 2003 |
Sofia Coppola's film "Lost in Translation" with Bill Murray -- a tender tone poem of alienation set in Tokyo -- gets it just about right. Americans visiting the city the first time experience a peculiar kind of isolation. Unable to speak the language and so unmoored from the familiar, they tend to mentally disengage.
September 22, 2007 |
On a much smaller scale, Aptera Motors Inc. of Carlsbad, Calif., plans to unveil its three-wheel hybrid/electric vehicle at a semiprivate confab this weekend. Called the Typ-1 (no, that's not a typo), the car is the latest advanced-technology vehicle to roll off the drawing board of someone not employed by GM, Toyota or one of the other big auto companies. Plans call for having the Typ-1 in production by October 2008, with an initial goal of making 10 cars a month at a facility in Carlsbad, said Steve Fambro, founder and chief executive of Aptera.
May 23, 2007 |
New York City's famed yellow taxicabs will go green within five years under a plan that could serve as a model for other large cities, Mayor Michael R. Bloomberg announced. The mayor said 1,000 hybrid taxis -- powered by gasoline and batteries -- would be introduced by October 2008, and that hybrids would gradually replace the rest of the city's 13,000 cabs by 2012.
June 18, 2005 |
Nissan Motor Co. said Friday that it would build its first gas-electric hybrid passenger vehicle, an Altima sedan, at its Smyrna, Tenn., manufacturing plant next year. The hybrid Altima will use technology developed by Toyota Motor Co. to mate an electric drive system to a four-cylinder, Nissan-built gasoline engine. The hybrid's electric system is expected to give the car better fuel economy than a conventional four-cylinder Altima but with the performance of a six-cylinder gas-powered model.
January 31, 2007 |
Nissan Motor Co. began shipping the 2007 Altima hybrid, the nation's newest gasoline-electric vehicle, to dealerships this week and said Tuesday that prices would begin at $25,015. That's well below competing mid-size hybrids, such as Toyota Motor Corp.'s Camry and Honda Motor Co.'s Accord. But the sticker price represents a $4,000 increase over Nissan's high-volume Altima S model with a conventional four-cylinder gasoline engine.
December 14, 2004 |
Ford Motor Co.'s gasoline-electric Escape sport utility vehicle became the first hybrid built by a U.S. automaker to qualify for a $2,000 U.S. tax deduction that encourages sales of low-pollution cars and trucks. Buyers of new 2005 Escapes can claim the income tax deduction for the year in which the vehicle is first used, the Internal Revenue Service said Monday. Toyota Motor Corp.'s Prius hybrid car and Honda Motor Co.'s gasoline-electric Civic and Insight cars have qualified since 2002.
August 24, 2008 |
Hyundai Motor Corp. says it will display a gas-electric hybrid version of its Sonata sedan at the Los Angeles Auto Show in November. The auto maker says it will announce at the show the date that the hybrid will be sold in the U.S. John Krafcik, vice-president for product development at Hyundai, says the hybrid Sonata can be powered by both gas and electric motors and will have new lithium-ion batteries.
July 23, 2006 |
Forget dealer incentives for a moment. A motorist who is thinking about buying a hybrid vehicle this summer can factor a tax credit of as much as $3,400 into the purchase decision. The bottom line: Costly hybrids are beginning to look like a steal. "In the past, you would have sold the car before you'd break even on the gas savings," said Paul Taylor, chief economist at the National Automobile Dealers Assn. in McLean, Va.