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Chrysler Financial gets $1.5 billion federal loan
Fri, 16 Jan 2009The U.S. Treasury Department said today it will lend $1.5 billion to a new arm of Chrysler Financial Services LLC so that it can increase lending to vehicle buyers. The five-year loan carries a flexible interest rate.
Citroen Hypnos concept car (2008): first photos
Thu, 04 Sep 2008By Tim Pollard First Official Pictures 04 September 2008 21:17 Never one to shy away from making a big splash at its home show, Citroen will wheel out the extravagant new Hypnos concept car at the Paris motor show 2008. It's a crossover vehicle showing how Citroen could launch a mid-sized 'Allroad' style vehicle. Think of the Hypnos as a C5 on stilts then.Naturally, the new Citroen Hypnos concept car has the requisite hybrid powertrain.
Honda loses case over Civic hybrid mileage
Thu, 02 Feb 2012Honda was ordered to pay $9,867 in a Los Angeles Small Claims Court lawsuit to a woman who says her Civic hybrid didn't get the fuel mileage that was advertised, according to Bloomberg News. “I am absolutely thrilled at the reports that I won, even though I won't see the actual judgment until it comes in the mail,” Heather Peters said in an e-mailed statement on Wednesday to the wire service. “It's a victory for Civic hybrid owners everywhere.” Peters opted out of a class action and filed her own case in small-claims court, where plaintiffs and defendants represent themselves.