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Shortages of Japan-built cars open the door for U.S. automakers

U.S. carmakers sense that they have a chance to win back customers this summer with the launch of several redesigned models, while their Japanese competitors struggle with supply shortages. About 197,000 car buyers who typically would favor a Japanese brand are in play this summer, according to market research firm A.T.

Ownership costs of traditional versus alternative fuel vehicles

As gas prices remain high, and an increasing number of automakers roll out plug-in hybrid cars and full-electric vehicles, it's becoming easier to be tantalized with the idea of driving right past the gas station and simply "plugging in." The debate ensues when it comes to cost: These alternative fuel vehicles mean a larger outlay of cash at the onset, but the long-term fuel savings could make the purchase worthwhile. To help straighten out this numbers game, we use the Department of Energy's Vehicle Cost Calculator to compare alternative fuel vehicles with their gasoline-only counterparts. For each scenario, we assumed that our hypothetical owner was able to get the full $7,500 federal tax credit and a $2,500 state tax credit, such as is available in California.

Ken Block rolls out Ford Fiesta hybrid race car

Driver and rally racer Ken Block introduced his latest vehicular weapon on Monday. The Hybrid Function Hoon Vehicle (HFHV) is not a hybrid in the traditional gas/electric sense, but instead is able to transform itself to compete in various race disciplines. The HFHV Fiesta will compete in three distinct disciplines--stage rally, rallycross and gymkhana events.