Latest Hybrid vehicles News

Toyota profit down as chips shortage keeps customers waiting

Aug. 04, 2022 02:18 AM EDT

TOKYO (AP) — Toyota’s profit fell nearly 18% in the April-June quarter from the year before, as a semiconductor shortage that has slammed the auto industry dented production at Japan’s top automaker. Toyota Motor Corp. reported Thursday a quarterly profit of 736.8 billion yen...

Germany to reduce government incentives to buy electric cars

Jul. 27, 2022 09:08 AM EDT

BERLIN (AP) — The German government plans to reduce incentive payments for buyers of electric cars and end subsidies for buying plug-in hybrids at the end of this year. The government had announced shortly after taking office in December that, starting in 2023, it would only...

US opens 3 probes of safety issues in Stellantis vehicles

Jul. 26, 2022 12:07 PM EDT

DETROIT (AP) — U.S. safety regulators have opened three investigations into safety issues with about 1.65 million vehicles made by Stellantis. The largest probe covers 1.34 million Jeep Cherokee small SUVs from the 2014 through 2020 model years. The National Highway Traffic Safety...

Edmunds: The Best Hybrid Pickup Trucks in 2022

Jul. 13, 2022 06:33 AM EDT

The average national price for gasoline has gone up almost $2 over the past year, according to the U.S. Energy Information Administration. That’s not good news for some of the thirstiest vehicles on the road: pickup trucks. But there is a relatively new option if you’re looking to save on gas:...

Ferrari to make 80% hybrid and full-electric range by 2030

Jun. 16, 2022 10:11 AM EDT

MILAN (AP) — Italian luxury sportscar maker Ferrari on Thursday outlined an electrification strategy that calls for 40% full-electric vehicles and 40% hybrid models by 2030. CEO Benedetto Vigna confirmed that the first electric car will be presented in 2025, with the first...

Automakers ask Congress to lift electric vehicle tax cap

Jun. 13, 2022 14:30 PM EDT

NEW YORK (AP) — Major automakers are asking Congress to lift the cap on how many people can receive tax credits for buying a hybrid or fully electric vehicle. Currently the number of tax credits allowed is capped at 200,000 per company. General Motors and Tesla have already reached...

Ford pays $19M to settle claims on fuel economy, payload

May. 24, 2022 16:11 PM EDT

SACRAMENTO, Calif. (AP) — Ford Motor Company on Tuesday settled claims by 40 U.S. state attorneys general that the company made misleading claims about the fuel economy and payload capacity of some of its vehicles, violating state consumer protection laws. The company agreed to pay...

New Zealand to help pay for cleaner cars to reduce emissions

May. 15, 2022 23:29 PM EDT

WELLINGTON, New Zealand (AP) — New Zealand's government said Monday it will help pay for lower-income families to scrap their old gas guzzlers and replace them with cleaner hybrid or electric cars as part of a sweeping plan to reduce greenhouse gas emissions. The government said it...