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Clunkers records $2.88 billion in rebates
Wed, 26 Aug 2009Dealers submitted a total of 690,114 cash-for-clunkers deals for $2.88 billion in rebates by last night's 8 p.m. deadline, coming in under the $3 billion budget for the popular program, the U.S. Transportation Department said today.
BMW's new 5-series next for hybrid power
Wed, 28 Oct 2009The new BMW 5-series being launched this winter is likely to be the next BMW to receive the ActiveHybrid system pioneered on the petrol-electric 7-series and X6 models. BMW engineers admit they can't rely on sales of the pricey hybrid 7-series and X6 to justify the development costs, even though these range-topping halo hybrids were jointly developed with Daimler and GM. Senior sources have indicated that the new 2010 5-series will be the next BMW to get an ActiveHybrid model.
Ford recalls 2013 Escape, Fusion
Mon, 03 Dec 2012Ford Motor Co. is recalling about 89,000 2013 Ford Escape crossovers and Fusion sedans with 1.6-liter engines that may overheat and cause fires. Ford estimates that the voluntary recall covers about 73,320 Escapes and 15,833 Fusions in the United States and Canada.