Word: honda
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Dates: during 2000-2009
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...your story on fuel-efficient hybrid cars, which are propelled by gas engines and electric motors [May 24]: While my Honda Civic hybrid is eco-friendly, that was a secondary concern for me. Every stop at the gas pump now feels like an al-Qaeda fund raiser, but with my hybrid, I'm using only my fair share of U.S. gas production. I'm not lining Osama bin Laden's pockets anymore. MATTHEW MCINTOSH Gretna...
...Saturn SL is the car most likely to be stolen, according to a survey released last week by insurance-industry tracker CCC Information Services. Coming in at No. 2 is the 1998 Acura Integra, while the 1994 Saturn SL ranks third. Others in the top 20: Mitsubishi Montero, Honda Civic and Accord, Acura Legend, Toyota Camry and Chevrolet Tahoe. The most commonly filched cars were all made in the 1990s. Why? Ed Sparkman of the National Insurance Crime Bureau thinks newer autos are less attractive to thieves since carmakers now include better antitheft devices. Consumers looking for postfactory theft prevention...
...moment, $2-per-gal. gas has sent the sale of hybrids zooming like a roadster. April was Honda's best month for its hybrid Civic (3,341 sold), and that followed a record-setting March. Toyota has a 20,000-order backlog for its critically acclaimed Prius and predicts a 50% sales increase over last year, to 50,000 units. All told, hybrid sales are expected to more than double this year, to 100,000. That's a tiny fraction of the U.S. market for new-vehicle sales, forecast to be around 17 million this year. But it's still...
Automakers have strong incentives not to ramp up hybrid production too quickly. Hybrids are technologically complex and costly and require the retraining of service technicians. Toyota and Honda insist they make money from each sale, but those profits are meager compared with what they earn from conventional cars and light trucks, especially their luxury brands. The Big Three--Ford, GM and Chrysler--are even more reliant on SUVs and big pickups for profits, and if hybrids eat into sales of conventional models, the industry would be maiming a critical cash cow. So while auto executives talk of a greener future...
...sense that nobody is panicking about this, and that makes me a little nervous," says Steve Girsky, senior automotive analyst at Morgan Stanley. It has happened before. In the 1970s, when gas prices soared, the Big Three were caught flat-footed with large, fuel-hungry cars, allowing Honda, Nissan and Toyota to swoop in and grab market share. If it happens again, the pain will be shared by Japanese manufacturers. Toyota is planning to ramp up production of its full-size pickup, the Tundra, with a plant under construction in San Antonio, Texas. And Nissan just bet on a line...