Hybrid Cars reported earlier this month that Ford is about to become the third automaker to lose its federal tax incentives for gas-electric hybrid cars. Toyota’s tax credits for hybrids went away at the end of 2007, and Honda’s hybrid credits ended at the beginning of last year. Those tax credits were part of a [...]
Automotive News is reporting this morning that Audi is ramping up to greatly expand their hybrid and electric vehicle offerings over the next few years, as part of the Volkswagen Group’s plans to dominate that alternative-fuel market by the end of the decade. Audi’s board member in charge of technical development, Michael Dick, shared the [...]
Popular automotive blog LeftLane News is reporting a rumor that Subaru may be using rear wheel drive on their version of the FT-86, instead of the traditional Subaru all-wheel drive. The FT-86 is the automaker’s upcoming sports coupe, and the word on the street is that the driving factor in going to RWD instead of [...]
News out of Washington, D.C. is pretty grim for GMAC Inc. Automotive News is reporting that a congressional panel said today that the company still lacks a business plan even after receiving more than $17 billion from the government, and that the Treasury Department has been lax about requiring the bank to repay taxpayers. The [...]
Mazda Motor Corp’s new design chief, HIkuo Maeda, is known by the nickname “Speedy,” because of his notorious lead food, both on and off the race course. In fact, reporters from the Automotive News Japan offices believe he might be the only standing auto executive to have had his driver’s license revoked more than once. [...]