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  • Various Ford and Mercury Hybrids Get Tax Credit Certification From IRS
    Starting in 2006, individuals buying hybrid cars will get a tax credit instead of a tax deduction. The IRS has just started to kick out the exact amounts you can claim for your new hybrid.

    Various Ford and Mercury Hybrids Get Tax Credit Certification From IRS

    Under the Energy Policy Act of 2005, the tax benefits of owning a hybrid vehicle underwent significant changes. Whereas you could previously claim a tax deduction, the new law converted the deduction into a tax credit. Tax credits are FAR more valuable than deduct ...
    Author: Richard Chapo
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    The Hybrid Car

    A hybrid car has a small engine that is fuel efficient, which is combined with an electric motor that aids the engine when additional power is needed during acceleration. The electric motor gets its power from battery banks which continuously charge while you are driving.

    Energy is conserved when you stop because the engine is shut off automatically. Then, when you apply gas, it automatically restarts.

    The hybrid car also uses a more advanced aerodynamic lightweight body, and combines it with low roll resistant tires that are stiffer and narrower to help reduce drag.

    In 2004, out of the 17 million vehicles sold there were around 80,000 hybrid vehicles sold. By 2005 that number had increased by 1.2% to 200,000, and it's estimated that by 2007 more than 400,000 hybrids will be sold.

    There are several hybrids currently available in North America. They include the Honda Civic, Honda Accord, Honda Insight, Toyota Prius, and the Mercury Mariner. There are also Hybrid SUVs available - the Ford Escape, the Lexus 400H and the Toyota Highlander, and many new models are on the way.

    The Toyota Prius holds 52% of the hybrid market with just under 108,000 vehicles. The Honda Civic is the next most popular with 25,000 vehicles.

    Now that consumer support for the hybrids has arrived, auto manufacturers are increasing the pace at which they introduce hybrid models. Just starting to come out are the Honda CR V SUV, Saturn Vue, Hyundai Accent, and Kia Rio are being introduced as hybrid models. In 2007 we will see the Toyota Camry, Honda Fit, Mazda Tribute, Chevrolet Malibu, and Nissan Altima; and 2008 will see the Ford Fusion and Mercury Millan available as hybrids.

    And as an added bonus in the United States, consumers that purchase a hybrid will get a tax break. Those purchasing fuel-cell vehicles will get up to $8000 in tax breaks, and those purchasing alternative fuel vehicles that weigh less than 8,500 pounds get a $2500 tax break. It's a nice pleasant surprise!


     


  • Electric Car


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  • The All-New 2005 Ford Escape Hybrid and Parts, the first Hybrid Vehicle of Its Class

    After Toyota’s introduction of the Prius, the first hybrid vehicle, in 1997 which was followed by the debut of Honda Insight two years later in America, General Motors adopted the Hybrid technology to their vehicle with the 2005 Ford Escape Hybrid. The introduction the Escape Hybrid is the first entry of any American vehicle in the market. As to Ford’s pioneering model, the Escape is produced on a limited number. 2004 brought only 3000-4000 units of Ford Escape which began its production in ...
    Author: Jenny McLane
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    Featured news and tips about Diesel Hybird:

    Diesel Fuel News - European Parliament rejects European Commission's gasoline/diesel excise tax harmonization - Around The World Of Diesel - Brief Article

    November 24, 2003 -- European Parliament rejects European Commission's gasoline/diesel excise tax harmonization.(Around The World Of Diesel)


    Diesel Fuel News - Paraguay Minister freezes diesel prices - Around The World Of Diesel - Brief Article

    November 24, 2003 -- Paraguay Minister freezes diesel prices. .(Around The World Of Diesel)


    Diesel Fuel News - Hong Kong mulling 10-ppm sulfur limit on diesel by 2005 - parts per million - Around The World Of Diesel - Brief Article

    November 24, 2003 -- Hong Kong mulling 10-ppm sulfur limit on diesel by 2005. (parts per million).(Around The World Of Diesel)


     

     

     

     





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  • Hybrid Vehicles Makes a Turn for the More Powerful Vehicles in the Auto Industry:
    It is common knowledge among car enthusiasts and car owners that the bigger the vehicle, the bigger the amount of fuel it consumes. With this in mind, several automobile producers have begun diverting a big chunk of their efforts to producing more hybrid 4x4s in the year 2005.

    Taking on the Fleet First. The big three - Ford, Dodge and General Motors have seemed to agree that 2005 is the perfect opportunity to introduce the hybrid versions of some very popular vehicles.

    Ford Introduces the Ford Escape Hybrid, ...
    Author:
    Jenny McLane
    CLICK HERE TO READ THE REST OF THIS ARTICLE

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