Tag Archives: insight

Focus Electric Approved for $10,000 in Taxpayer Handouts

The California Environmental Protection Agency’s Air Resources Board (CARB) has dictated that owners of the new 2012 Ford Focus Electric can drive in high-occupancy vehicle (HOV) lanes. Owners also will be able to receive up to $10,000 in tax credits between the state’s new $2,500 rebate and a $7,500 federal tax incentive – both funded by taxpayers at a time of soaring deficits. Critics call this socialism for the rich. These subsidies appear to be crucial for sales success of the Focus Electric. Without them, the car lists starting at $39,995. This means a typical payment to buy the compact car – with $4,000 down – is almost $800 per month for 48 months at Ford’s 7% interest rate. The gasoline-fueled Focus starts at just over $17,000. Continue reading

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Honda to Show AC-X Plug in Hybrid at Tokyo Motor Show

The Number Three Japanese automaker – and perennial second place hybrid sales leader behind the clear leader Toyota – says the next-generation plug-in hybrid vehicle offers a more comfortable time in the vehicle during all driving situations, from urban to long-distance driving. Continue reading

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Hybrid Vehicle Sales Slump! EV Demand Overhyped?

Data continue to show that widely publicized green vehicles, notably hybrid vehicles whose sales are in a slump, and electric vehicles just now starting sales are losing popularity among potential buyers. The latest evidence of a hybrid sales slump comes from CNW Research in a report that suggests consumers are increasingly less willing to spend additional money for a hybrid than a conventional gasoline car or truck of the same size and use. Continue reading

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