greenhybrid.com
Mad market for used fuel-sippers In an atmosphere of high fuel prices, the market for used cars with high fuel mileage has gotten red hot For example, a 2005 Toyota Prius that, when new, had a sticker price of $21,515 could now sell for $25,970, even with 20,000 miles on the odometer, according to data from Kelley Blue Book. Since Toyota dealers usually charge a few thousand dollars over sticker for new Priuses, the buyer in this example probably wouldn't have made a profit, but nearly so. Honda Civic Hybrids are also sporting near-immovable resale values.
The 2007 model will be available early next year in California, New York, Massachusetts, Connecticut, Vermont, Rhode Island, Maine and New Jersey, Nissan said in a statement. Sales are being limited to states that have adopted versions of California's so-called zero-emissions vehicle mandate, which requires the largest automakers to offer hybrids, spokesman Kurt Von Zumwalt said.
Oil smashes $75 barrier Oil smashed through record highs Friday, cruising past $75 a barrel on continued fears of a supply disruptions in Iran and Nigeria and reports of spot gas shortages on the US East Coast.
Toyota plans to sell ethanol cars in US by 2008 Toyota Motor Corp. plans to sell ethanol-powered vehicles in the United States by 2008, following the lead of domestics General Motors Corp. Toyota is still keen to spread the use of hybrid vehicles, which save fuel by twinning a conventional engine with an electric motor, the spokeswoman said.
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