High-mileage hybrids have huge payoff

Modern electric hybrid vehicles have been sold in the United States for more than a decade. Honda's two-door Insight hit the U.S. market in 1999, and Toyota marketed its first hybrid four-door sedan, the Prius, in 2000. Many ...

US boom transforming global oil trade

The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat of chronic oil shortages is all but gone, U.S. dependence on Middle ...

GM says Chevy Spark EV can go 82 miles per charge

General Motors said Wednesday that the battery-powered version of its Chevrolet Spark mini-car can travel up to 82 miles (132 kilometers) on a single charge, putting it among the leaders in mass-market electric vehicles sold ...

Toyota's hybrid vehicle sales pass 5 million

Toyota's global sales of gasoline-electric hybrid vehicles have surpassed 5 million in a milestone for a technology that was initially greeted with skepticism.

Consumer confidence continues to improve in March

Consumer confidence continued to improve in March due to more positive signs of expanding employment, according to University of Michigan economist Richard Curtin, director of the Thomson Reuters/University of Michigan Surveys ...

US to require lower-sulfur gasoline

The Obama administration is expected to propose new rules Friday that would slash the amount of sulfur in gasoline, one of the most significant steps the administration can take this term toward cutting air pollution, said ...

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