Vintage 1957 Oldsmobile Cigarette Lighter on 2040-parts.com

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.

Volvo XC60 Plug-in Hybrid concept car (2012) first pics

Volvo will showcase its latest plug-in hybrid technology in the new 2012 XC60 Plug-in Hybrid concept car at next week's Detroit auto show. The Swedes have been developing a range of plug-in hybrid cars, using both petrol and diesel. The hybridised V60 which goes on sale in Europe later in 2012 uses diesel, whereas the new SUV drinks from the green pump.

New Mustang Finally Comes To UK

FORD has unveiled its latest generation Mustang muscle car, which for the first time will come to the UK in right-hand drive form. The car, which will go on sale towards the end of 2014, claims to be lighter and more advanced than its predecessor. Also new is a 2.3-litre, 305 horsepower engine, which Ford hopes will boost the Mustang’s eco credentials in Europe without detracting from the car’s performance.