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  • More Hybrid SUVs in 2005
    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, the first ...
    Author: Jenny McLane
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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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  • Honda Civic 2004: The Weekly Driver Review

    As Honda's entry level, subcompact vehicle, what's not to like about the Civic?

    As an ideal example of getting what you pay for, the 2004 Civic includes almost 40 style options - 2-door to 4-door to hatchback, gas to hybrid and 5-speed manual to automatic.

    For my weekly drive, I tested the 4-door EX sedan with a 127- horsepower, 1.7-liter, 16-valve, 4-cylinder engine. The appealing magnesium gray metallic exterior was complemented nicely with a mixed dark and lighter gray interior. The color combination, combi ...
    Author: James Raia
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    Featured news and tips about Tax Credit For Hybrid Vehicles:

    Hybrid buyers waiting for '06 to arrive before making purchase
    Starting Jan. 1, buyers of gas-electric hybrid vehicles get tax credits that could lower their income tax bills as much as $3,150, according to an analysis by the American Council for an Energy-Efficient Economy. The current tax break for buying a gas-electric hybrid vehicle is a $2,000 deduction. More info here.


    Efficent Hybrid Vehicles Receive Higher Tax Breaks
    WASHINGTON Hybrid cars are a good bet for tax breaks in 2006. The new year will bring more savings for buyers of at least 13 gas-electric vehicles, with those showing the biggest improvements in fuel efficiency ...


    2006 to bring more tax breaks for hybrids
    WASHINGTON (AP) - Hybrid cars are a good bet for tax breaks in 2006. The new year will bring more savings for buyers of at least 13 gas-electric vehicles, with those showing the most improvement in fuel efficiency securing bigger tax breaks for their new owners. The breaks will come in the form of tax credits, and they range from $3,150 for buyers of the Toyota Prius to $250 for Chevrolet's Silverado pickup truck, according to an analysis by the American Council for an Energy-Efficient Economy.


    Tax break for hybrids soon to become a credit
    Consumers may soon have greater urgency to buy hybrid gas-electric vehicles, and not just because gasoline costs nearly $3 a gallon. The federal tax break on hybrid models changes from a deduction to a tax credit Jan. 1. Although the amounts of the credits haven't been determined, many consumers will stand to benefit.


    Hybrids in line for tax credit
    Drivers who want to beat rising gasoline prices by buying hybrid vehicles could save more money if they're patient. Starting in 2006, people...


     

     

     

     





    Featured Resources:

  • Archives, July 25, 2003
    ... Credit. Some hybrid vehicles that you would expect to qualify for the new tax credit may turn out to be ineligible. Why? Because the tax law requires qualifying vehicles to meet ultra-strict federal ...


  • Hybrid Cars Blog. Everything about hybrid cars, trucks, SUVs and other hybri...
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    ... shtml New Mexico Educators Federal Credit Union Member Resources Rates Home Hybrid Vehicles Earn "Clean-Fuel" Tax Reduction http://www.nmefcu.net/Articles/295.asp Other Recommendations: free tax help ...


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  • CAARS.org
    ... Check with your state department of motor vehicles for rulings in your state. For car buyers taking advantage of both new incentives, the new hybrid tax credit will put more money in your pocket, and ...


  • Bush Signs Energy Bill with $14.5 Billion in Tax Incentives
    ... Tax Credit for Hybrid Vehicles. The bill allows a tax credit for for buyers or leaseholders of fuel cell vehicles, alternate fuel vehicles, hybrids and other "advanced lean-burn technology" vehicles ...


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  • EV World: The World of Electric, Plug-in Hybrid, Fuel Cell and Alternative F...
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    ... KINK Considers Listener Comments Hybrid vehicles, all-day kindergarten, making cold remedies ... ... Noelle Studer: The problem with the hybrid tax credit is that it provides a carrot for a ...


  • CFR_news
    ... In an effort to speed the acceptance of fuel cell engines, President Bush has proposed a tax credit for hybrid vehicles that incorporate the new technology. Congressional testimony has indicated auto ...


  • SWEEP - Regional EE News
    Regional Energy Efficiency Events Upcoming Events Regional Energy Efficiency News October 2005 ...


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    ... on traffic accidents involving Mitsubishi vehicles Fed-Mogul workers OK deal Plant leads ... ... GM realigns Europe operations in shakeup Hybrid tax credit advances Andretti wins lawsuit over name ...


  • Tax Incentives for Hybrid Vehicles
    ... has changed the tax incentives for hybrid vehicles. Hybrids placed in service by December 31 ... ... but may be eligible for a federal income tax credit under new legislationthe amount will depend ...


  • Renewable Energy News
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  • BBC NEWS | Business | Environment drives Hummer vs Hybrid row
    ... is the government's tax credit of up to ... Business RELATED INTERNET LINKS: Hummer Hybrid Cars US ...


  • The Temple of VTEC - Honda and Acura Enthusiasts Online Forums > Insight,...
    ... about Honda's Integrated Motor Assist (IMA) vehicles like the Insight and IMA Civic here. Go to ... ... 0 03-21-2005 18:30 by burdettgj 2005 Hybrid Federal Tax Credit - Accord and Civic not covered(Score ...


  • Congressman Russ Carnahan (MO03) - Clean Air Report: House Bill Would Create...
    ... Air Report: House Bill Would Create First Tax Credit for Hybrid Manufacturers A bill introduced by ... ... first time provide tax credits to manufacturers of clean-burning hybrid vehicles in addition to ...


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  • Toyota's Prius to be Built in China

    The Toyota Prius, a car built on hybrid gas-electric technology, will soon receive a major production boost. Toyota and an undisclosed Chinese based manufacturing company have sealed a deal where the two companies will be working together to produce the Prius for worldwide export. This bodes well for the American consumer who has to endure long waits for an all new Prius. More importantly, the move signals a sea change in the way Japanese cars are built and marketed. Ultimately, you may be ...
    Author: Matthew Keegan
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