Google Pushes Hybrid Development With $10m

Author: Anthony Fontanelle
Source: articledashboard.com

Google Inc. said Tuesday that it is getting in on the development of electric vehicles, awarding $1 million in grants and inviting applicants to bid for another $10 million in funding to develop plug-in hybrid electric vehicles capable of getting 70 to 100 miles per gallon.

The new project, dubbed as the RechargeIT initiative, will be managed by Google.org, the company’s philanthropic arm. RechargeIT aims to further the development of plug-in hybrid electric vehicles. These product cars or trucks have gasoline engine and advanced batteries that recharge by plugging into the nation’s electric grid.

Big Three Lost Purchasers In June

Author: Anthony Fontanelle
Source: articledashboard.com

The Detroit’s Big Three share of the American auto market dived to a record low in June, statistics showed last Tuesday thus predicting another summer of deep discounts, cheap car loans and deals on leases.

The General Motors Corp. had its worst month in nine years as its sales of cars and light trucks dropped more than 24 percent from the period a year ago. It plummeted to a market share of 22.1 percent, according to an estimate by the Autodata Corporation, a firm that tracks industry statistics.

Truck Market: Size Matters!

Author: Anthony Fontanelle
Source: articledashboard.com

Size matters. That is what auto trend is aggravating to imply. So the bigger a auto is, the added it is, the added gas it guzzles, and the pricier it is, the bigger it seems to be selling, appear the New York Times.

Ford, Mercury Adjust $60 More From Stickers

Author: Correy Putton
Source: articledashboard.com

The Ford Motor Co. is set to cut $60 more from its sticker prices, motor loans
, on its current auto lineup. This will be done while enhancing standard options on vehicles. Ford and Mercury vehicles’ stickers will be adjusted to attract more customers and at the same time curb incentive spending.

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