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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!


     


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  • Benefits of Hybrid Automobiles

    High fuel prices and concerns over the environment have inspired more people than ever to go in search of alternative energy sources. The internal combustion engine is considered to be the biggest polluter on the planet. Hybrid automobiles have been gaining attention and popularity as a result of these concerns. Most manufacturers either currently offer these vehicles or are in the process of developing them.

    There are two types of hybrids: series hybrids and parallel hybrids. The par ...
    Author: David Maillie
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    NEW YORK, NY (MARKET WIRE) The National Board of Review of Motion Pictures named "Good Night, And Good Luck" the 2005 Best Film of the Year. Directed by George Clooney and released by Warner Independent Pictures, "Good Night, And Good Luck" takes place during the early days of broadcast journalism in 1950s America. The film chronicles the real-life conflict between television newsman Edward R. Murrow and Senator Joseph McCarthy.


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  • Hybrid Trucks

    We have all heard all the talk about the fuel economy and innovations of Hybrid Cars and how they are sweeping the nation. Last year in 2004 in fact over 88,000 Hybrids were sold and waiting lists are still climbing. Honda, Toyota and Ford cannot build them fast enough. Things are changing indeed. Although still a drop in the bucket considering the average 17 million cars sold each year in the United States we can see a hyperbolic trend forming as oil prices stay high. Also with China and I ...
    Author: Lance Winslow
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