Consumer Reports readers rave/rip hybrid issue
According to CR's blog, Notes from the test track, the hybrid article in the April issue struck a chord among CR's readership. Though Notes only provided a sample of the responses, they showed a gamut of reactions from agreement ("...the facts are in and I agree that maybe hybrids aren't the best investment...") to opposition. ("All of your hybrid car reviews are crap.") Two readers even shared contradictory experiences with their Highlander hybrids.
Biodiesel purveyor Martin Tobias on the radio at KCBS
Martin Tobias, CEO of Imperium Renewables, was scheduled to be on KCBS for a minute yesterday and ended up staying on air for about three, according to Imperium Renewables. The two KCBS hosts asked Tobias about how biodiesel is now cheaper than diesel (about twenty to twenty-five cents a gallon in the Northwest, where the show was taped). Tobias called biodiesel the cheaper, cleaner, renewable fuel. The hosts then asked whether biodiesel will continue to be cheaper in the future and also about w
Volvo launches new D5 diesel in S40 and V50 models
Volvo Cars has started European delivery of S40 sedans and V50 estates with its new and more powerful D5 diesel powerplant, aiming at Europe's premium diesel car market.
American automakers may be about to get burned by high fuel costs
I was talking to my neighbor yesterday and he told me he's getting ready to trade in his 9-mpg truck for a more economical car. He spends about $120 a week on gas as he commutes to work and he's had it. Turns out, he's not alone.
MotoGP star Valentino Rossi turns down Formula 1
In a statement to the Italian press Wednesday, MotoGP world champion Valentino Rossi announced, "No Formula One, at least for the moment. I'm staying with bikes." The announcement came a day after Rossi was honored with the "Spirit of Sport" award at the annual Laureus World Sports Awards in Barcelona (photo at right), for his contributions to MotoGP during his five years as World Champion.
Recent Ford bond issues to pay out record returns
From all appearances, Ford Motor Company feels it will need a well-baited hook in order to attract investors to its most recent issue of bonds. As such, the Blue Oval crew is offering $2.5 billion with rates as high as 10.75 percent - a record for the company. Analysts state that this is "an expensive way" for the company to hold onto its $21.2B in cash, even as its prepares for yet another round of downsizing. Ford itself confesses that selling credi
Rand McNally launches nav service for mobile phones
Rand McNally & Company, North America's biggest commercial map company, is rolling out a turn-by-turn, voice-guided navigation service for GPS-enabled mobile phones. Curiously named MONA (for MObile NAvigator), the service costs $9.99 a month.
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