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Markets & Finance

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GM Ventures Makes Second Investment in Electric Bus Maker

GM Ventures LLC, a subsidiary GM created to invest in auto-related start-up companies, and six other companies have invested $23 million in the Greenville-based electric bus manufacturer Proterra Inc.
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Report: EV Sales in China Will Fall Far Short of Government Targets

21 November, 2012 01:45:00
China’s government considers electric vehicle (EV) development and adoption to be a strategic priority that has major economic, environmental, and security impacts for the country, including in the areas of global climate change, energy security, urban pollution, and auto industry growth.
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Toyota Hybrid Sales Top 2mn Units in Japan

08 November, 2012 03:04:00
Toyota Motor Corporation announces that cumulative sales in Japan of its hybrid vehicles, including plug-in hybrids, have reached 2.04 million units as of October 31 of this year.
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October 2012 Hybrid and Plug-In Electric Vehicle Sales

06 November, 2012 02:28:00
Consumers across the United States purchased 33,290 hybrid and 7,032 plug-in electric vehicles in October.
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80 Million Clean Diesel Vehicles will be Sold Worldwide by 2018: Report

06 November, 2012 12:26:00
Diesel cars have long been tremendously popular in Europe, where high fuel prices mean that the price premium of a diesel car can be paid off quickly.
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GM Sells More Than 250,000 Vehicles in China in October

05 November, 2012 11:21:00
General Motors and its joint ventures sold an October-record 251,812 vehicles in China. Sales were up 14.3 percent on an annual basis, as GM’s major brands in China reached new highs for the month.
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Ford C-MAX Hybrid Outsells Toyota Prius v in First Full Sales Month

02 November, 2012 04:36:00
The new Ford C-MAX Hybrid has outsold Toyota Prius v in its first full month of sales in October.
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Chevrolet Volt Sets New Sales Record in October

01 November, 2012 01:21:00
Chevrolet Volt has set new monthly sales record with 2,961 U.S. deliveries in October, 542 units over its previous best monthly record of 2,851 set in September 2012.
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Toyota, Ford to Lead Plug-in Sales in the U.S. Through 2020

01 November, 2012 01:48:00
Assembly lines in Japan and the United States produced more than 20,000 plug-in electric vehicles (PEVs) in 2011, an all-time record for such vehicles.
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Prius Hybrid Becomes Best-Selling Vehicle in California

22 October, 2012 01:35:00
Toyota’s expanded Prius hybrid lineup became the best-selling vehicle line this year in California as higher gasoline prices drove up demand for fuel-efficient cars.
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