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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.

Mazda Hazumi Concept previews new Mazda2 – teased for Geneva Motor Show

The Mazda Hazumi Concept (pictured) teased ahead of Geneva Mazda are gearing up for the Geneva Motor Show next week with the first teaser image of the Mazda Hazumi Concept. The Hazumi Concept – which apparently means ‘Spring up’ or ‘bound’ (as in ‘bound around’ not ‘bound up’) – is the firts clear view of the next generation Mazda 2 featuring the latest iteration of Mazda’s Kodo design language and clearly takes design cues from the new Mazda3. We’ll get more details on the Hazumi/new Mazda2 as Geneva approaches, but we’re expecting it to spawn a production version of the next generation Mazda 2 that will go on sale before the end of 2014.

Holden to stop making cars in Australia

Fresh from the news that General Motors (GM) will be pulling its Chevrolet brand out of mainstream markets in Europe, the automotive giant has now confirmed that its Australian subsidiary, Holden, will stop making cars Down Under by the end of 2017. It’s further bad news for GM, but even more so for the 2,900 Australian people who are set to lose their jobs as a result of the closure. And it’s a sad and disappointing end for the famous Holden marque, which can trace its history back as far as 1856.