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Clunkers claims hit $1.15 billion Monday, government says
Tue, 11 Aug 2009Dealer claims for cash-for-clunkers rebates continued to climb late last week after it became clear that the program would get $2 billion in new funding. Dealers had submitted 273,077 applications totaling $1.15 billion as of Monday morning, the Department of Transportation said today. That's about $120 million above the figure of last Friday morning.
Volkswagen creates R division for sporty cars
Wed, 17 Mar 2010Volkswagen is officially creating a company to develop sporty cars; it will be called Volkswagen R GmbH. This may sound familiar--VW already calls some of its specialty cars Rs--and now it's bundling sales and development all into one unit. VW has the Scirocco R and the Golf R for cars, as well as the dynamic R Line of design trims.
Ford C-Max Energi and C-Max Hybrid (2011)
Tue, 11 Jan 2011Ford has unveiled two new hybrid vehicles at the 2011 Detroit motor show, the plug-in hybrid C-Max Energi, and the C-Max Hybrid. Both are based on the five-seat Ford C-Max, and the pair go on sale in North America in 2012, while European sales follow in 2013. Both the Ford C-Max Hybrid and Ford C-Max Energi use an Atkinson-cycle (like the Prius) 2.0-litre petrol engine and lithium-ion batteries.