February 21, 2013 |
Ford Motor Co. had some good news for California drivers Thursday: Its Fusion Energi plug-in hybrid had been approved for use in the state's carpool lanes. The Fusion plug-in is the third Ford vehicle currently sold that is eligible for the much-coveted HOV sticker, which allows owners to use their cars in the carpool lanes with only a single passenger. Ford's all-electric Focus EV and it C-Max Energi plug-in hybrid are also eligible for the stickers. The Dearborn, Mich., automaker said it's one of only two companies offering three vehicles that are HOV eligible.
February 12, 2013 |
Honda and Ford are expanding the reach of their green car offerings to U.S. consumers. Honda's 2013 Honda Fit EV, the electric vehicle first launched in California and Oregon in July 2012, will be added to select East Coast dealerships in Massachusetts, Connecticut, Maryland, New York and New Jersey. Customers will be able to lease the Fit EV, which has an EPA estimated range of 82 miles, for three years at a cost of $389 per month. "Expanding the availability of the ultra-efficient Fit EV to the East Coast is the next logical step in Honda's strategic and customer-focused approach to growing the market for low-CO2, sustainable mobility technologies," said Steve Center, vice president of the American Honda Environmental Business Development Office.
January 15, 2013 |
You'd think that after launching an American icon -- the 2014 Corvette -- and its best-selling U.S. vehicles in the country -- the Chevy and GMC trucks -- that General Motors would call it day. But the company launched another important model on Tuesday at the Detroit Auto Show: the ELR, a sleek luxury coupe based on the Chevrolet Volt. Cadillac designed the car with Southern California in mind. In an interview ahead of Tuesday's announcement, Bob Ferguson, vice president of global Cadillac, said the ELR could help the automaker gain ground in the country's largest luxury car market.
December 3, 2012 |
With the presidential election and Superstorm Sandy behind them, car shoppers headed for dealer lots last month in the biggest numbers since early 2008. Multiple brands, including Honda, Nissan, Hyundai and BMW, had their best Novembers ever last month. The import nameplates generally reported stronger gains than the domestic brands, helped by new products such as the new-generation Honda Accord and a new Nissan Pathfinder sport utility vehicle. Automakers sold more than 1.1 million vehicles last month, a 15% gain over November 2011.
September 26, 2012 |
Consumer Reports panned the high-technology Fisker Karma after testing the $107,850 luxury plug-in hybrid. The magazine said the sleek-looking, speedy car suffered from significant reliability problems and doesn't compare well to other luxury sports cars such as the Porsche Panamera. The Fisker runs on electricity for about 38 miles and then a small gasoline engine kicks in and extends the range. Only a few thousand have been sold, but the car has already attracted attention for its styling.
September 25, 2012 |
Consumer Reports panned the high-technology Fisker Karma after testing the $107,850 luxury plug-in hybrid. The magazine said the sleek-looking, speedy car suffered from significant reliability problems and doesn't compare well to other luxury sports cars such as the Porsche Panamera. The Fisker runs on electricity for about 38 miles and then a small gasoline engine kicks in and extends the range once the car's battery charge runs out. Only a few thousand have been sold, but the car has already attracted attention for its styling.
September 11, 2012 |
Is General Motors Co. losing $49,000 on every Chevrolet Volt electric car it sells? If so, it could be bad news for taxpayers who helped bail out GM and now own a third of an automaker that has seen its shares plunge 30% since it went public in 2010. It could also highlight how much of a political lightning rod GM and the Volt have become since the automaker's federal bailout in 2009 and as the presidential election approaches, analysts said. "The Volt as a brand has become politicized," said Jeremy Anwyl, vice chairman of auto information company Edmunds.com.
August 15, 2012 |
Fisker Automotive Inc., the Anaheim maker of luxury hybrid vehicles, has hired its third chief executive in a year. Fisker said Tuesday that it had tapped Tony Posawatz, who helped lead development of Chevrolet's Volt plug-in hybrid for six years before retiring from General Motors Co. in July. The maker of pricey, sporty plug-ins — such as the Karma favored by pop star Justin Bieber — has been racked recently by stalled model development, recalls, missed deadlines and layoffs.
July 21, 2012 |
Since a new generation of electric cars went on sale 18 months ago, the results have been far from jolting. Sales of what are considered "pure" electric cars - they run off just a battery - have risen to slightly over 4,100 during the first six months of this year, up just 6% from the same period a year earlier, according to auto information company Edmunds.com. The gain, which amounts to just 234 cars, comes even though Ford, BMW, Honda and Mitsubishi all have joined pioneer Nissan in offering electric vehicles.
February 29, 2012 |
Fisker Automotive Inc., the Anaheim developer of expensive, sporty plug-in hybrid cars, shook up its management Tuesday, naming an automotive industry veteran to replace co-founder Henrik Fisker as chief executive. The move comes as Fisker halted work on a new model and laid off workers. Tom LaSorda, who joined the company as vice chairman and executive advisor to the management team in December, will assume full CEO responsibilities and day-to-day operational management. LaSorda is a former chief executive of Chrysler Group and held executive positions during a 23-year career at General Motors Co. Henrik Fisker, who co-founded the company in 2007 after working as a designer at BMW and Aston Martin, will focus on building the Fisker brand in global markets and the styling and design of future Fisker models.