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AUTOS' WORLD NEWS
* Hybrid owners wait for tax credit
Raleigh,L.L.C.,USA -News 14 Carolina -10 Jan 2006: If you bought a hybrid car or truck and are waiting for your tax credit, you'll have to wait longer... The Internal Revenue Service has not figured out which cars qualify for credits and how much you can cut your tax bill by buying one...
* Automakers introduce several new hybrids
DETROIT,Mich,USA -Associated Press -Jan 10, 2006: Automakers introduced several new hybrids at the North American International Auto Show, but several remain skeptical that the vehicles will make a profit anytime soon because of the high cost of development...
* Hybrid Trucks and SUVs
USA - trucks.about.com -10 Dec 2006: Hybrids are vehicles that are operated using two or more sources of power. There are two attractions to hybrid cars and other vehicles: they have lower tailpipe emissions and they get better gas mileage than autos with traditional gas or diesel engines. Take a look at concept and production hybrid trucks and SUVs...
* China's Geely makes its mark in Detroit
Detroit,Mich.,USA -msnbc.msn.com -Jan. 9, 2006: No glitz at U.S. auto show, but presence definitely felt... China’s Geely Automobile Company has a rather ordinary display featuring a small silver sedan outside the main show room... Until recently, Chinese vehicle exports were limited to buses and trucks. But now China’s manufacturers have been busy upgrading their technology and production to compete overseas and they are ready to do business in the massive U.S. automobile market with low-priced vehicles aimed at U.S. consumers...
* Honda Sweeps North American Car and Truck of the Year Prizes
DETROIT,Mich,USA -Global Auto Systems -Jan 09, 2006: The Japanese automaker makes history, becoming the first brand ever to win both awards in one year... The 2006 Honda Civic and the 2006 Honda Ridgeline were awarded the 2006 North American Car of the Year and North American Truck of the Year on Sunday by 49 international journalists. It marks Honda's first win in either category—and the first time that a single brand has won both awards in the same year...
* Toyota Thinks Big
TOKYO,Japan --Global Auto Systems -Jan 04, 2006: Full-Size Diesel and Hybrid to Be Built in and for United States in '09... Toyota is secretly planning a big diesel pickup truck for the U.S. market and will add a hybrid as well, according to a report in Tokyo... In a move to counter soaring energy prices and stifle accusations of building gas guzzlers, Toyota is going eco with the next Tundra. Sort of...
* Auto Executives Predict Fast-Paced Growth for Hybrids
DETROIT,Mich,USA -Global Auto Systems -Jan 04, 2006: Eighty-eight percent of the executives polled by KPMG say they expect gas-electric hybrids to gain market share... Global auto executives say sales of hybrid cars and fuel-efficient vehicles will accelerate over the next five years because of concerns about fuel prices, according to an annual KPMG survey released on Wednesday...
* Asian Onslaught: Korean Automakers Sell a Record 5.2 Million Vehicles in 2005
SEOUL,S.Korea -Global Auto Systems -Jan 03, 2006: Hyundai leads the Korean industry by boosting global sales 11 percent last year, while the Chinese hit a milestone of their own... Strong global sales helped South Korea's five automakers sell a record 5.2 million vehicles worldwide in 2005, up 16 percent from 2004. At the same time, the Chinese government reported that the country became a net exporter of cars in 2005 for the first time...
* Mercedes-Benz Moves In to Two New Global Markets
TEHRAN,Iran and BEIJING,China -Global Auto Systems -Dec 29, 2005: Mercedes-Benz is spreading internationally, reaching important milestones in Iran and China this week... —The Mercedes-Benz E-Class went on sale this week in two fast-growing markets: China and Iran. DaimlerChrysler set up manufacturing facilities in both countries...
* Volkswagen to Assemble Skodas in Stupino
Moscow,Russia -The Moscow Times, by Anna Smolchenko -Jan 10, 2006: The Skoda Octavia is set to be the first model to be assembled at the plant Volkswagen plans to build in Stupino... Europe's largest carmaker, Volkswagen, said Monday that it planned to begin assembling its Skoda model in Russia in a bid to boost its share of the country's booming car market...
* But the star this year? It might just be a humble family sedan
Detroit,Mich,USA -USA Today -10 Jan 2006: The sixth-generation Toyota Camry rolled out Monday at the North American International Auto Show, redesigned to maintain the lead it has held since 1997 as the nation's best-selling car...
* GM financial chief Henderson takes no-nonsense approach
Detroit,Mich,USA - DetNews -10 Jan 2006: He's too shrewd to telegraph GM's solution to the GM-UAW-Delphi Corp. bankruptcy triangle -- except to say there needs to be one. Or to open a window into plans to find a buyer for GM's captive finance arm, GMAC. When the feds are investigating your company and just about every official utterance is considered "material" by new Wall Street rules, the less said the better...
* GM to cut prices as much as $2,500
DETROIT,Mich,USA -The Detroit News, by David Phillips -10 Jan 2006: Cuts cover 57 of the automaker's 76 models in North America... General Motors Corp., hoping to jumpstart sluggish sales and get off to a better start in 2006, is lowering prices on 57 of 76 car and truck models sold across North America...
* Toyota to Take Teachers on Education Journey to Japan
USA - aiada.org -10 Jan 2006: Toyota is expanding one of its signature educational initiatives, the Toyota International Teacher Program, an all-expenses-paid, 10-day program in Japan for high school teachers. A total of twenty high school teachers will be selected from the following ten states... "There is no substitute for meeting real people, seeing real places, engaging in real dialogue, grappling with real issues..."
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