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Markets & Finance

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DOE Awarfing $620 Million for Smart Grid Demonstration and Energy Storage Projects

The U.S. Department of Energy is awarding $620 million for projects around the country to demonstrate advanced Smart Grid technologies and integrated systems that will help build a smarter, more efficient, more resilient electrical grid.
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Toyota SAI Hybrid Gets 14,000 Pre-Sale Orders

24 November, 2009 01:24:00
Toyota said today it has received about 14,000 orders for its new SAI hybrid sedan, one month after its introduction at 2009 Tokyo Motor Show.
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4 Million Hybrid Vehicles to be Purchased by Fleet Managers by 2015

20 November, 2009 07:16:00
Sales of hybrid vehicles in the fleet sector will total nearly 4 million worldwide between 2009 and 2015, according to a recent report from Pike Research.
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GM Reports $1.2 Billion Loss in Q3

17 November, 2009 12:07:00
GM has reported $1.15 billion loss in the third quarter since emerging from bankruptcy July 10 and said it would repay government loans early.
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Volkswagen Overtakes Toyota as World's Largest Carmaker

13 November, 2009 07:00:00
Volkswagen has overtaken Toyota to become the world's largest carmaker as the German group benefits from various government incentive programs around the world.
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U.S. Hybrid Sales Rise 11.4% in October

07 November, 2009 05:30:00
Reported sales of hybrid vehicles in the US increased 11.4% year-on-year in October to 24,475 units, grabbing 2.9% of the total new vehicle market.
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Toyota Prius Tops Sales Chart in Japan for 6th Month In Row

06 November, 2009 11:33:00
Toyota Prius hybrid car was Japan's best-selling vehicle in October with sales of 26,918 units, staying in the top slot for the sixth straight month, according released by the Japan Automobile Dealers Association (JADA) on Friday.
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California Gives Tesla a Tax Break

04 November, 2009 10:49:00
Tesla Motors won't have to pay sales tax on $320 million worth of manufacturing equipment for building its electric cars, under an agreement with California’s Alternative Energy and Advanced Transportation Financing Authority (CAEATFA).
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Ford Reports $1 Billion Q3 Profit

02 November, 2009 08:55:00
Ford Motor Company today reported net profit of $997 million in the third quarter, helped by a bump in sales from the Cash for Clunkers program and problems at its U.S. rivals.
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Ford Fiesta Sales Top 500,000 Units in First Year

30 October, 2009 04:48:00
One year after its debut, more than half a million customers have purchased the new Ford Fiesta, marking an important milestone as Ford prepares to bring the fuel-efficient, global car to the U.S. and other key Asian Pacific markets next year.
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