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...comparison, Toyota's fuel-sipping Prius hybrid looks like an outright gas hog at 51 m.p.g. (city), and the Honda Insight hybrid appears ready for the cash-for-clunkers program at 41 m.p.g. Ditto for the Ford Fusion hybrid (41 m.p.g./city) and Toyota's Camry Hybrid (40 m.p.g./city...
...Japanese automakers fared less well. Toyota reported that its sales tumbled 11% year over year in July, while Nissan's fell nearly 25% and Honda's fell 17%, despite the government incentive program. However, Jim Lentz, Toyota Motor Sales president, said the cash-for-clunkers program reduced the recessionary drag on sales and offered a nice dividend for the environment. "Clunker-related Toyota sales over the seven days alone will save customers an estimated 8 million gal. of gas and $20 million in gas spending over the next year," he said. (See the best cars from the 2009 Detroit Auto...
...Unlike Toyota and Honda, which are focused on hybrid vehicles, Nissan officials say they see sales of plug-in electrics growing faster than many expect, despite perceptions that they don't travel far enough or fast enough on a single charge. Nissan says the range of the Leaf is sufficient to meet the daily driving needs of 80% of drivers. Ghosn says that EVs could account for 1 in 10 cars sold...
...while Tokyo's major investment goal may be practical, robotics is also prestigious, giving Japan's big technology companies a global showcase for their cutting-edge research capabilities. Honda devoted millions of dollars towards the development of its first walking humanoid ASIMO "with no hope of direct commercial success," says Noel Sharkey, a robotics professor at the University of Sheffield. The exercise both "shows that they are technological leaders," Sharkey says, and gives Honda a chance to "reward the very best engineers in the company by placing them on the ASIMO team." (Read about robots in the U.S. army...
...beginning of May. Some foreign-based automakers had even higher numbers: Suzuki has a 108-day supply, Jaguar dealers are sitting on a 92-day supply, Mitsubishi stands at 84 days and Mazda has 78 days of supply, according to estimates from dealers collected by J.D. Power & Associates. Honda, which traditionally has kept inventories lean, has a generous 64-day supply; Daimler's Mercedes-Benz and Smart units, also lean players, have a combined 63-day supply of vehicles. Even Volkswagen, which has been aggressively promoting its cars while other carmakers trimmed advertising, had a 78-day supply of autos...