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Ford Motor Co. (NYSE:F), looking to lure consumers into trying out a hybrid for the first time, boasts that its all-new 2013 C-Max Hybrid is more fuel-efficient, more powerful and less expensive than the Toyota Prius V, its closest competitor vehicle. The automaker is hoping that around 50 percent of C-Max Hybrid purchasers will be conquest sales.
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General Motors Company’s (NYSE:GM) South Korean workers are planning to stage a partial strike lasting three days next week, as annual wage talks become nonproductive, according to Reuters. The issue that seems to be the most heated is a demand to end overnight work.
Toyota Motor Corporation’s (NYSE:TM) light-vehicle sales in the United States, and along with those of Honda, increased 22 percent in the month of June, while consumers ridded themselves of economic uncertainties and replaced their aging cars and light trucks.
Honda Motor Co., Ltd. (NYSE:HMC) has undertaken a new and unusual move, by making collision insurance without any deductible. This gambit appears to be aimed at moving electric cars out of showrooms and also to narrow the cost gap with the cheaper gasoline-powered vehicles.
Tesla Motors, Inc. (NASDAQ:TSLA) propulsion will be featured in Mercedes-Benz’ B-class electric-only vehicles in the U.S., says Autoweek. This vehicle will reportedly feature Tesla batteries, motor and other components, while Tesla already supplies battery packs for the battery-powered SmartForTwo, U.S. shoppers should be able to purchase one in 2014.
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