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Blackout Backup Power from an EV
10/24/2013Mitsubishi Motors, Mitsubishi Electric and Nissan are collaborating on a system that uses solar panels to charge an electric vehicle and route power from the EV's batteries to power a home during blackouts, The Nikkei reports.
Plug-In Electrics Posting Big Sales Gains in U.S.
10/24/2013Wider choices, new models from mainstream automakers, more charging options, lower prices and sales incentives are helping boost demand for plug-in hybrids and battery electric vehicles in the U.S., notes the Union of Concerned Scientists.
Hyundai To Debut New Genesis Sedan in Detroit
10/24/2013Hyundai Motor Co. will introduce its second-generation Genesis large sedan at the Detroit auto show in January and put the 2015 model on sale in the U.S. by spring.
Ford Posts Record $2.6 Billon Pretax Result for Third Quarter
10/24/2013Ford Motor Co. boosted revenue 12% to $36 billion in the third quarter of 2013, generating a record $2.6 billion in pretax results for the period.
Ford Posts Record Third-Quarter Operating Profit
10/24/2013Ford Motor Co.'s pretax profit in the third quarter jumped 20% to a record $2.6 billion (€1.9 billion) as revenue climbed 12% to $36 billion (€26 billion).
Ford Net Earnings Fall 22% on Special Charges
10/24/2013Ford Motor Co. reports net income in the third quarter of $1.27 billion compared with $1.63 billion in the same period last year, dragged down by $498 million in special charges.
Ford, Toyota Bicker Again Over Claim to Best-Selling Car
10/24/2013Ford Motor Co. says its Focus small sedan outsold Toyota Motor Corp.'s Corolla small sedan worldwide in the first half of 2013.
China’s Manufacturing Activity Index Jumps to 7-Month High
10/24/2013A purchasing managers index that tracks manufacturing activity in China rose to a seven-month high of 50.9 in October from 50.2 in September.
Federal-Mogul Swings to a Profit
10/24/2013Federal Mogul Corp. reports net income of $38 million in the third quarter of 2013 compared with an $11 million net loss in the same period last year.
Tesla Plans Chain of EV Quick-Charge Stations in Germany
10/24/2013California-based Tesla Motors Inc. says that by the end of 2014 it will open at least 40 high-power charging stations across Germany to support the sale of its €73,000 Model S electric sedan there.