Car Sales
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The California Air Resources Board (CARB) - the state department charged with reducing air pollution and improving the quality of air that Californians breathe - has announced that the California state electric vehicle rebate program will soon run out of money, meaning that electric car buyers may have to wait for more funding to be released before they get their rebate. Worse still, increased demand in the program means that while CARB is proposing to triple the funding allocation for rebates for the next fiscal year it is also planning to halve the maximum rebate available for each car...
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Nissan Doubles Leaf Sales, Volt Stays Steady: Some Perspective, PleaseSigh. Here we go again. It's the first of the month, which means that auto journalists are scrambling to put together their monthly sales reports. Sales in May weren't great, for a variety of reasons: higher prices and shortages of some Japanese models, among others. Unusual scrutiny But the most...
John Voelcker -
Mitsubishi Prices 2012 'i' Electric Car At $27,990 Before Tax BreaksDriving electric just got cheaper, as Mitsubishi announced that its 2012 'i' electric car would be priced at just $27,990 before incentives when deliveries begin in California next January. That makes the 2012 Mitsubishi 'i' the least expensive plug-in car on sale in the U.S. market. It qualifies...
John Voelcker -
Chevy Volt Price-Gouging Pushes Buyer Into Honda Insight HybridFor all the media furor over the 2011 Nissan Leaf and the 2011 Chevy Volt, you'd think that tens of thousands of them were flooding onto our streets each month. Not so. As of Feb 28, the total sold between both cars was just 1,102, made up of 928 Volts and 174 Leafs. Now, it may be that those...
John Voelcker -
2012 Infiniti M35h Hybrid Priced At $53,700, Gets 32 MPG HighwayTwo weeks ago, the EPA rated the 2012 Infiniti M35h Hybrid at 27 mpg city, 32 mpg highway, for a combined rating of 29 mpg. That makes it the only car in its class, as Infiniti proudly trumpeted, with both 350 horsepower and a highway rating of 30 mpg or more. Now, the cost of that fuel efficiency...
John Voelcker -
2010 Smart ForTwo Minicars: Still On Sale, Now Even CheaperIf you're one of the dwindling number of car buyers considering the Smart ForTwo minicar, now may be a good time to close the deal. Smart sent out an e-mail yesterday offering $1,500 of "customer cash" off the purchase price of remaining 2010 ForTwo coupe models, which apparently are still in stock...
John Voelcker -
We first heard about Mazda’s plans to develop a battery-powered electric version of its Mazda2 hatchback back in 2009, with the automaker finally starting real-world trials of prototypes last year. Now Mazda has announced that its electric Mazda2 (a Demio in Japan) is scheduled to commence leasing in Japan in the spring of 2012. The first batch of cars will be leased mainly to local government bodies and fleet customers, with an aim to eventually launch a model for individual private sale by 2013. Mazda is still trying to gather as much knowledge as it can in the area of electric cars...
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2011 Honda Insight Adds New $18,950 Entry Model, Upgraded FeaturesWhile the 2011 Chevrolet Volt and Nissan LEAF have stolen most of the green-car limelight of late, and the Toyota Prius continues to be the go-to vehicle for those seeking reliable yet efficient transportation, Honda's Insight continues to plug along, with new upgrades to standard equipment and a...
Nelson Ireson -
GM Looks Local For $40M Carbon-Reduction InitiativeGeneral Motors [NYSE: GM] stock might be up for initial public offering today under the same stock symbol as before, but the company is trying hard to show that it's not the same company in many respects. "We'll do that by demonstrating that GM is doing things differently," said CEO Dan Akerson...
Bengt Halvorson -
Opel Ampera News - Euro Volt Price Revealed, 42,900 EurosIf you're familiar with the 2011 Chevrolet Volt range-extended EV, then you're already familar with the Opel Ampera, since it's essentially the same car. The Ampera will be sold under General Motors' other brands, the Germany-based Opel and in the U.K. as the Vauxhall Ampera. It's not uncommon for...
Antony Ingram -
Should You Buy Or Lease Your Electric Car?If you're reading this website, chances are you're already someone giving some consideration to owning an electric car. If so, great! You're one step further than the next guy to an oil-free future. However, for some the next hurdle could be a bigger one - should you lease the electric car of your...
Antony Ingram -
240V Home Charger For 2011 Chevy Volt Priced From $490...Plus $1,475 InstallationYour shiny new 2011 Chevrolet Volt is sitting in the garage, fresh from its maiden voyage on electric-only power. But it's 2 a.m. and you have to be at work by 8. Charging takes 10 hours on standard 120-volt power, and you didn't buy this thing to run it on gas during the morning commute. The...
Nelson Ireson -
The 2010 Toyota Prius had an exceptionally long model year, introduced in early spring 2009 and delivered to dealers by May or June that year. But now the 2011 Prius hybrids are arriving at dealerships, and Toyota has levied a modest price increase of $250 across each of the four trim packages it offers. The new pricing for 2011 Toyota Prius models starts with a base price of $23,050 for the Prius II package, which is actually the simplest model of Prius you can get as a individual buyer. (The missing Prius I model is even simpler, but Toyota seems disinclined to offer it even to fleet...
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AutoNation Promises 2011 Volt, Leaf To Sell For Sticker PriceJust as dealers have to discount unpopular cars, they often add "surcharges" to models where demand outstrips supply. It's auto dealership yin and yang, or something. Now mega-dealer chain AutoNation has drawn a line in the sand, flatly stating that its dealers will sell their limited allocation of...
John Voelcker -
So What Exactly DO You Have to Service On a 2011 Nissan Leaf?Despite initial purchase prices higher than those for gasoline cars of equivalent performance (before incentives, anyway), electric cars undisputably cost less to run. Not only does the grid electricity to drive a mile cost just half to one-fifth the cost of the gasoline to go the same distance...
John Voelcker -
Chevy Volt Price AnnouncedThe 2011 Chevrolet Volt has been in gestation so long, we've wondered if it ever would become a reality. Now the reality is here. GM announced the price for the 2011 Volt at Plug-In 2010, a conference being held this week in San Jose. The Volt's MSRP will be $41,000, which includes a $720...
John Voelcker -
Over 600 Chevy Dealers In Launch Regions To Offer 2011 VoltThree weeks ago, Chevrolet unveiled two new launch markets for its 2011 Volt electric car and described some of the things dealers would need to do in order to be granted the privilege of selling GM's most advanced and most eagerly awaited car in decades. Now it appears that pretty much every Chevy...
John Voelcker -
2011 Lincoln MKZ Hybrid Priced From $35,180--Same As Gas Only ModelWith a fuel economy of 36 mpg in the city and 41 mpg on the highway, the new 2011 Lincoln MKZ Hybrid already lays claim to the title of being the world’s most fuel efficient luxury sedan, and now it’s making the headlines once again. Lincoln will sell its new hybrid at the same base price as...
Viknesh Vijayenthiran -
Are you buying a 2011 Nissan Leaf? If you're one of the 16,064 lucky people who has already placed a $99 deposit down on one of the most eagerly anticipated cars of the year, Nissan thinks it knows how you'll finance the $32,780 cost of purchase. Nissan expects most people to lease. And it turns out it's all in the detail of how the $7,500 federal tax credit for zero emissions electric cars is handled. If you buy a qualifying highway-capable zero emissions electric or ultra low emissions plug-in hybrid, you can claim up to $7,500 off the price of purchase from next year's taxes. In other...
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Green stocks sputtering out on public markets as Zipcar nears IPOLast week, electric car maker Tesla Motors made history as the first automotive company to go public since Ford in the 1950s, but its share price continues to drop, down another 9.24 percent so far today. Despite its buzz and sex appeal, it looks like the company won’t be able to escape the fate...
John Voelcker -
Why Is Tesla’s Stock Deflating After Only Two Days?Good news for those of you who shorted Tesla Motors' stock: the electric car company’s shares are already falling in price as the zeal around its $226 million public debut begins to fade — after just two days. TSLA closed at $21.96 today, its third day of trading, after falling $1.87. Yesterday...
John Voelcker -
A Tale of Two Toyota Corollas: U.S. Buyers Get More For LessWhen auto editors go on vacation, we rent cars too. Which is how a pair of very plain 2010 Toyota Corollas in South Africa taught us a few lessons about fuel economy, green value, and what other countries drive. The bottom line: U.S. buyers get a lot more car, for a lot less money, than elsewhere...
John Voelcker -
Last minute sprint boosts Tesla shares to $23.89, valuation to $2.2BThe Nasdaq is closed, and Tesla Motors [NSDQ: TSLA] is ending its first day on the market at $23.89 a share, a 40.5 percent increase over the $17 pricing it announced last night. This is a rock star showing for the electric car company, which has exceeded expectations that were already sky high. As...
John Voelcker -
Electric-Car Buyers Will Rethink Range Needs If Price Is RightA survey conducted by MBA students at the University of Michigan shows that contrary to popular belief, a large percentage of potential electric vehicle buyers would be willing to trade off vehicle range for price. The survey, released by Norwegian based electric car company Think, appears to have...
Nikki Gordon-Bloomfield