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Markets & Finance

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EU OKs Italian Cheap Loans for Green Car Parts

The Italian government won permission from the EU Commission to grant interest rate subsidies to companies producing green products green products in the car parts sector.
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U.S. Auto Sales Down Only 6 Percent in October

24 October, 2009 04:43:00
October U.S. vehicle sales are expected to decline only 6 percent compared with one year ago--the first single-digit decline since May 2008, according to J.D. Power and Associates.
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CSM Worldwide Says U.S. Vehicle Sales will Rise More Than 15% in 2010

22 October, 2009 01:59:00
U.S. vehicle sales are projected to rise nearly one-fifth to 11.8 million units in 2010, according to the global automotive forecasting and advisory firm CSM Worldwide.
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Lithium Ion Batteries to Become a $1 Billion Segment of the Stationary Energy Storage Industry

21 October, 2009 06:47:00
Of the eleven competing energy storage technologies analyzed in a recent report from Pike Research, Lithium Ion (Li-ion) batteries will be the fastest growing category for utility-scale applications, growing to a $1.1 billion worldwide business by 2018.
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Three-Wheelers Will be Eligible for DOE Funds

18 October, 2009 03:25:00
Congress has approved a bill that will make fuel-efficient three-wheeled vehicles eligible for federal funding.
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Congress Restores Hydrogen Funds

16 October, 2009 02:19:00
The U.S. Senate on Thursday approved $174 million to help develop hydrogen and fuel-cell technologies.
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Ford’s Hybrid Sales Up 73% in 2009

14 October, 2009 01:14:00
Ford Motor Company’s year-to-date hybrid sales are 73 percent higher than the same period in 2008, fueled by the introduction of hybrid versions of the 2010 Ford Fusion and Mercury Milan.
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Hybrid Vehicle Sales Down 48.4% in September

12 October, 2009 04:29:00
Hybrid vehicle sales in the U.S. dropped 48.4 percent when compared with August 2009, following the end of the Cash for Clunkers program.
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W. Europe Car Sales up 8.8 Percent in September

07 October, 2009 03:04:00
W. Europe's car market grew by 8.8% year-on-year to 1.32m units in September, according to data released by the released by JD Power.
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Prius Remains Top Seller in Japan for 5th Month in Row

06 October, 2009 03:09:00
Toyota Prius hybrid was Japan's best-selling vehicle in September, staying in the top slot for the fifth straight month, according to the Japan Automobile Dealers Association.
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