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Hybrid Auto
I Hate Hybrid Cars - But Ghastly Gas Prices Boost Sales
Drivers in the U.S. are buying hybrid vehicles, not because they want them, but because they can't afford to drive any other type of car. With gas prices setting all-time records and heading toward $4 per gallon, consumers are forced to drive a car that gets the most miles per dollar spent. That's an overpriced hybrid car. The truth is that hybrids may get better mileage than a traditional car, but it's nothing to write home about. First, hybrids cost more. The slightly better mileage ...
Author: Mark Walters
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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!
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Article of the
Day:
IRS Certifies 2006 Toyota Hybrid for Clean Fuel Deduction
The Internal Revenue Service has certified the 2006 Toyota Highlander Hybrid as being eligible for the clean-burning fuel deduction. This certification means that taxpayers who purchase one of these hybrid vehicles new during calendar year 2005 may claim a tax deduction of up to $2000 on Form 1040. Under Working Families Relief Act of 2004, which was signed into law in October of 2004, the clean-burning fuel deduction is limited to up to $2,000 for certified vehicles first put into service in 2005 and $500 for vehicles pl ...
Author: Business Tax Recovery
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Hybrid Auto: 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 Intro
Toyota hopes to revolutionize auto industry with its hybrid technology
The Toyota Prius made hybrid technology cool, but now Toyota has its sights set on bigger things. Instead of offering only the Prius, it is hoping to change the entire auto industry by making the hybrid the standard automobile. With the addition of the Lexus RX 400h and the new Hylander Hybrid SUV...
Asian debut of Mercedes-Benz S-Class 'Hybrid' and B-Class 'F-Cell' at 'Auto China' in Shanghai
Another important step in the financial services business was the ap-proval to offer vehicle financing in China.
AUTO INDUSTRY REPORT: Toyota to pick hybrid site
Toyota Motor Corp., the world's largest seller of gasoline-electric cars, will decide in June where in North America to build such vehicles, Toyota President Fujio Cho said.
Hybrid auto line might be in Kentucky
A Japanese business newspaper is reporting that Toyota will build a hybrid Camry at its Georgetown plant beginning next year, but a Toyota spokesman in Kentucky called the report "speculative" and said no decision has been made.
This week in auto tech
Whether you're interested in hybrid cars, better music systems or safer driving, the New York International Auto Show was the place to be.
Auto Union Boss Buys Hybrid
United Auto Workers President Ron Gettelfinger concedes he is concerned about high U.S. gasoline prices. Gettelfinger is so worried about gas prices that he bought a hybrid.
Toyota hopes to revolutionize auto industry with its hybrid technology
The Toyota Prius made hybrid technology cool, but now Toyota has its sights set on bigger things.
Ward's Auto World - Smyrna to Build Hybrid Altima
July 1, 2005 -- Nissan Motor Co. Ltd. will assemble its Altima hybrid model at its Smyrna, TN, plant, the company has announced. Production of the '07 model is slated ...
Toyota Shows Off Hybrid SUV at New York City Auto Show
Mar. 25--For the future of the highly profitable SUV market, Toyota is betting fuel-efficient cars will run gas guzzlers off the road.
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5 Things to Know Before You Buy a Hybrid Car
With gas prices rising with every tank of gas, the popularity of hybrid cars is rising almost as quickly. The profile of the buyer of hybrid cars is changing as well, no longer are they seen as fringe environmentalists, they are the average American citizen who is tired of paying outrageous prices for a tank of gas and then not being able to afford to drive anywhere but back and forth to work. So, if you want to purchase a hybrid car, where do you start? What should you look for? The following information will help you navig ...
Author: Peter Wallander
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