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Toyota & Lexus: Hybrid sales in Europe hit 20%

The ‘Green’ evangelists want to get us all driving electric cars to save the planet, but in the real world car drivers want a car that offers them all the practicality of a normal ICE car, but without the penalties of the poor range, high cost and inconvenience of an EV. So, with ever-rising fuel costs, it’s no wonder car buyers are willing to pay a little more for a car that offers better economy at the pumps – which plays straight in to the hands of Hybrid pioneers Toyota. The result is that Toyota and Lexus now see a full 20 per cent of their sale in Europe being hybrid cars in the first quarter of 2013, with sales of hybrid cars up a massive 82 per cent year-on-year.

Vauxhall Adam: Prices & on sale at Paris 2012

The new Vauxhall Adam (and its European sibling, the Opel Adam) have their debut at the Paris Motor Show when the order book opens. We’re still not entirely convinced that the Vauxhall Adam has enough individuality to be a star in the marketplace, but it looks a decent offering nonetheless. Its styling is distinctly generic – it looks like a mish-mash of ideas from successful competitors – but Vauxhall is promising much for the Adam with extreme levels of customisation and lots of high-end toys, even if many will be cost options.

Ford burns through $5.5 billion in 4th quarter as losses mount

Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford finished the year with cash reserves of $13.4 billion.