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Markets & Finance

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Clean Diesel Fuels Volkswagen's June Sales‏

Volkswagen of America announced June 2009 sales of 19,027 units, representing an 18 percent decrease over June 2008.
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Ford Gets $5.9bn from DOE

23 June, 2009 10:34:00
Ford will receive $5.9 billion in loans through 2011 to help finance numerous engineering advances to traditional internal combustion engines and electrified vehicles.
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NIssan Gets $1.6bn in Loans from the DOE to build EVs, Lithium-Ion Batteries

23 June, 2009 08:20:00
Nissan North America, Inc. (NNA) has been conditionally approved by the U.S. DOE for a $1.6 billion loan to modify its Smyrna, Tenn., manufacturing plant to produce electric vehicles and lithium-ion battery packs to power them.
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Tesla Gets Loan Approval from DOE

23 June, 2009 07:50:00
Tesla Motors has received approval for about $465 million in low-interest loans from the US Department of Energy to accelerate the production of affordable, fuel-efficient electric vehicles.
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Scrappage Programs Boost Vehicle Registrations in Western Europe

21 June, 2009 09:19:00
Scrappage programs in Western Europe have led to 500,000 additional passenger vehicles sold in the region from January through May 2009, according to recent analysis by R. L. Polk & Co.
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Honda Insight Tops European Hybrid Sales

20 June, 2009 11:51:00
Honda has reported that its new Insight hybrid has sold more than any other hybrid or alternative fuel vehicle in Europe.
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Bright Automotive Wants Stimulus Too

07 June, 2009 10:02:00
Bright Automotive has applied for $35 million in government grants for producing its IDEA PHEV, as well as a battery pack manufacturing facility.
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EU Approve Loan Guarantees for Volvo’s Green Cars

05 June, 2009 06:32:00
The European Union has approved Swedish government loan guarantees to Volvo to help co-finance the development of green cars.
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W. Europe Car Sales down by 4 Percent in May

05 June, 2009 12:54:00
West European car sales were down by just 4.2 percent in May as the effectiveness of scrapping incentives continued to rise, according to data released by JD Power Automotive Forecasting.
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Toyota Prius Hybrid is Best Selling Car in Japan in May

04 June, 2009 07:50:00
Toyota's Prius was Japan's best-selling car in May, clinching the top spot in the domestic market for the first time and overtaking Honda's new hybrid, the Insight, which fell to third.
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