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Markets & Finance

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Clean Diesels Boost VW’s July Sales

Volkswagen of America said its July sales rose 0.7 percent as its clean diesel cars posted strong sales and consumers took advantage of the Cash for Clunkers program.
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Cash for Clunkers Increase Ford Sales in July

03 August, 2009 07:13:00
Ford ends 19 straight months of sales declines with a 2% increase in July supported by the Cash for Clunkers program.
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Hyundai to Spend $3.3bn on Green Technologies

22 July, 2009 05:15:00
Hyundai-Kia Automotive Group announced plans to invest 4.1 trillion won (US$3.3bn) by the end of 2013 to develop fuel-efficient cars and cut greenhouse gas emissions.
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Hybrid Car Sales up 9 Percent in June

11 July, 2009 01:07:00
Reported hybrid sales in the U.S. increased by 9 percent in June 2009 compared with June 2008 led by strong showings from both new models of Toyota Prius and Ford Fusion Hybrid.
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Quantum Inks $10.2 Million PHEV Contract

09 July, 2009 03:28:00
Quantum Fuel Systems Technologies has signed a $10.2 million contract for development of plug-in hybrid powertrains for Fisker automobiles.
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Toyota Prius Tops June Car Sales in Japan

06 July, 2009 10:03:00
Toyota Prius has become the first hybrid car to outsell all other vehicles, Japan Automobile Dealers Association reported.
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Clean Diesel Fuels Volkswagen's June Sales‏

02 July, 2009 06:36:00
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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