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Markets & Finance
Hybrid Vehicle Sales Fell 33 Percent Compared with July 2009
Sales of hybrid vehicles in July were down 33 percent compared to one year ago to a 23,841 units.
Only 16 EVs Sold in Spain Despite Government Subsidies
11 August, 2010 01:26:00
Spain's plans to have 2,000 electric vehicles on the road by the end of 2010 appears way off target as figures showed just 16 have been sold so far, all THINK City EVs.
Prius Remains Top Seller in Japan for 15th Month
05 August, 2010 07:18:00
Toyota Prius kept its top spot in Japan's auto market in July, pushing the Japanese sales of Toyota hybrids to a million vehicles.
GM Invests in Bright Automotive
03 August, 2010 11:49:00
General Motors will invest $5 million in a Bright Automotive to accelerate Bright's production of the IDEA plug-in hybrid commercial vehicle.
Nissan Micra Orders Exceed 10,000 Units in Two Weeks
26 July, 2010 05:45:00
Nissan announced that domestic orders for the all-new Nissan March (or Micra, as it's known in Europe) have greatly exceeded company expectations.
Itochu Buys Stake in THINK
22 July, 2010 01:03:00
THINK and Japanese Itochu Corporation announce an expanded partnership for marketing and distribution of the THINK City electric vehicle (EV) and EV drive system in Asia.
GM to Buy AmeriCredit for $3.5 Billion
22 July, 2010 11:28:00
General Motors said it would acquire independent auto finance company AmeriCredit, in an all-cash transaction for US$3.5 billion, to meet customer demand for leasing and non-prime financing for GM vehicles.
Fisker Completes Purchase of Former GM Plant to Build PHEVs
21 July, 2010 07:13:00
Fisker Automotive has finalized its purchase of a former GM plant in Delaware where it will build its plug-in hybrid electric vehicles.
Toyota Prius Sales Reach 200,000 in Europe
17 July, 2010 05:45:00
Toyota celebrates ten years of the Prius hybrid in European market with 200,000 sales.
PSA Gets €200m EIB Loan for Plug-in Hybrids
16 July, 2010 07:04:00
PSA Peugeot Citroen has got a €200m (US$259m) loan from the European Investment Bank (EIB) to develop of plug-in hybrid vehicles.
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