So, hey, what's up with all these plug-in vehicle price drops? The 2013 Nissan Leaf kicked off the trend with a $6,400 decrease in January. Since then, we have seen lower and lower lease prices for EVs and the 2014 Chevy Volt just joined the party with a $5,000 drop last week. The lower prices have sparked a big increase in plug-in vehicle sales this year, compared to last, so, hey, what's up with all that?
Europe and South America showing losses, but U.S. business bustling
Ford Motor Co. reported better-than-expected first quarter earnings thanks in part to a brisk business the automaker is doing with its Ford Fusion family sedan, which won AOL Autos Car of the Year honors for 2012.