Page 172 of 230

Toyota says $50k Hydrogen Sedan coming by 2015

Some promising news coming out of the Toyota camp? Yes, Toyota has plans for a hydrogen vehicle sometime around 2015 that will be in the 50k price tag. Looks like lithium-ion batteries might have some competition for the hearts and souls of buyers shopping for green cars and trucks. Can’t even imagine what the market will look like in the next 10 years!

From TheTruthAboutCars.com:

Lithium-ion batteries aren’t the only automotive cleantech that appears to be getting cheaper. Toyota’s head of advanced autos, Yoshihiko Masuda, tells Bloomberg that the Japanese automaker has cut the cost of hydrogen fuel cell vehicles (FCVs) by 90 percent in the last five years or so. Mid-decade, Toyota’s per-car estimates for FCVs ran near a million dollars per car. With costs now closer to the $100k mark, Toyota says it plans to cut that number in half by 2015. If they can make that happen, Masuda says, a $50k hydrogen FCV will be on like Donkey Kong.

Read the full article here.

BMW rebounding, posts $424M profit

BMW comes in with a rebounding $424 Million profit for the 1st quarter. Another sign that the auto market is in a steady uplift from the last 2 years as BMW sees 2010 earnings dynamically increases over the course of the year. One of the biggest stories for BMW was that China sales doubles in the quarter as the beat goes on in China.

From Detroit News.com:

German luxury automaker BMW AG reported a $424 million first-quarter profit on Wednesday, reflecting a recovery in demand for premium cars from last year’s deep slump.

BMW said it expected the launch of its key 5 Series sedan during the second quarter to help it gain further momentum.

“We expect that earnings will grow dynamically over the course of the year,” said Chief Executive Norbert Reithofer.

“We intend to remain the world’s leading provider of premium cars in 2010,” he said in a statement. The Munich-based company sells premium cars under the BMW, Rolls-Royce and Mini brands.

Read the full article here.

Auto Insurance; An Easier Way

It is easy to understand why everyone needs auto insurance as insurance is there to protect you financially in case of an unforeseen accident. Thankfully, auto insurance usually covers any injuries and damages that are caused by an accident.

The hard part to understand is how to manage your auto insurance in an efficient manner while keeping up with rates and changes. Most of us do not have the time to sit down with our insurance agent once a week, or even once a month, to discuss better options for ourselves and our families. Yet finding the absolute best auto insurance, for one’s needs and also one’s budget, is imperative.

Usually one must have a minimum amount of liability insurance and provide proof of insurance before a car can be licensed. Be sure to check out the specific requirements of your home state concerning these issues, so that you will understand the law. Also, you must realize that often minimum coverage will not cover damages incurred from an auto accident. In these circumstances, the responsible driver must pay for any additional costs.

Now you can see why it is absolutely essential to find a good insurance company with agents that can tailor the right policy to your needs, and do it before you need it.

If all this seems over-whelming, remember that there are excellent agents out there and the great thing is that, with the right insurance, you can manage your insurance from your computer. Make sure to check out the top insurance carriers that have a web presence. Most of these carriers have websites that allow you to be actively involved in this very necessary part of life.

Do it and do it NOW.

Lancia spotted in Motown

The stylish Lancia Delta has been spotted in Michigan. Fiat/Chrysler should be inclined to bring a sporty vehicle like the Delta to market in the U.S.

From Edmunds Inside Line:

Remember the mysterious brown Lancia Delta hatchback with Chrysler badging that was on display at the Detroit Auto Show? Well, Chrysler-Fiat may indeed have some specific plans in mind for it as a white and black prototype was spotted making test runs in Auburn Hills, around Chrysler’s Technical Center (CTC) this week.

The appearance of a Lancia on Fiat’s newly-acquired U.S. turf isn’t necessarily unexpected, but our spy photographers report that Delta pictured here was undergoing some true road-testing, zipping back and forth through security checkpoints, and duplicating familiar test routes on the public roads around the CTC.

Read the full article here.

April a decent month for auto sales?

April 2010 turned out to be a “decent” month for auto sales in the U.S. Most automakers posted double digit increases from a dismal April 2009 but numbers came in below March 2010. Nissan posted an impressive 35% increase, Ford up 25% and Chrysler sporting a solid 25% gain for a year ago. It will be interesting to see what the next few months have in store with the economy slowly getting stronger.

From CNN.Money.com:

NEW YORK (CNNMoney.com) — Major automakers posted double-digit gains in U.S. sales in April compared to the battered sales of a year ago, but the overall pace of sales fell short of March results.

Industrywide U.S. sales came in just short of 1 million vehicles, up 20% from a year ago, according to sales tracker Autodata, but a bit shy of forecasts of between a 21% to 23% gain. And sales were down 8% from March.

Read the full article here.

« Older posts Newer posts »

© 2026 Dashboard News

Theme by Anders NorenUp ↑