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Toyota Hybrid Sales Surpass 8 Million
8/24/2015Toyota Motor Corp. reports its worldwide cumulative sales of hybrid-powered vehicles reached 8.04 million at the end of July.
Connecticut Offers Direct Rebates to Buyers of EVs, Hybrids
8/24/2015The state of Connecticut is offering residents immediate rebates of $750 to $3,000 if they buy or lease hydrogen-, battery- or hybrid-powered vehicles.
Tesla Tunes Up Its Showrooms
8/24/2015Tesla Motors Inc. is updating its approximately 200 company-owned showrooms worldwide with displays that help explain the technology behind its electric cars, Bloomberg News reports.
Oil Prices Continue to Fall
8/24/2015On Friday oil futures dropped below $40 per barrel a six-year low on the New York Mercantile Exchange before closing at $40.45, down 2%. The current decline in oil prices, which began in January, is the longest slide since 1986.
Apple Hires a Tesla Engineer
8/21/2015A senior engineer from Tesla Motors Inc. has moved to Apple Inc.'s team of automated driving experts, Reuters reports.
PSA Forms New DS Performance Unit
8/21/2015PSA Peugeot Citroen's DS Automobiles unit has formed a new motorsport and performance group.
New Honda Pilot Produced Without Physical Prototypes
8/21/2015Honda Motor Co.'s plant in Lincoln, Ala., relied solely on computer simulation and test parts made by 3-D printers to validate manufacturing equipment and processes before launching the 2016 Pilot crossover vehicle this summer, Automotive News reports.
NHTSA Rejects Another Toyota Sudden Acceleration Claim
8/21/2015The National Highway Traffic Safety Administration has rejected a claim that a 2009 Lexus ES350 luxury sedan unexpectedly accelerated at low speed.
VW Delays Launch of Updated Phaeton Luxury Sedan
8/21/2015Volkswagen AG has delayed plans to launch an updated version of its slow-selling Phaeton flagship sedan as it looks for ways to cut costs on production and materials, sources tell Bloomberg News.
Daimler Ponders More Projects with Apple, Google
8/21/2015Daimler CEO Dieter Zetsche says the company may explore an expanded relationship with such companies as Apple and Google. "Many things are conceivable," he tells Deutsche Unternehmerboerse.