Automotive
Toyota Launches New Hybrid: Sai
Roomier than Prius, new car to initially be sold only in Japan.
Toyota Motor Corp has announced its second hybrid only car, known as the Sai. Bigger, roomier and more expensive than the Prius, Toyota is hoping for monthly sales of 3,000 Sai’s in Japan.
Introduced at the Tokyo Motor Show… Full Story »
Hummer Sold by GM to Chinese Corporation
After years of declining sales, General Motors has sold the Hummer brand of off-road vehicles to a Chinese heavy equipment company. After announcing a potential deal in July, GM signed a deal with the Chengdu, China-based Sichuan Tengzhong Industrial Heavy Machinery Company Ltd. On October 9.
In the arrangement, the Tengzhong Company is reported… Full Story »
