hybrid cars

Thanks to TARP loans that saved GM, the Treasury ended up with a major stake in the world's largest automaker, and it still holds 500 million shares -- 32% of the company. Here's the reason it won't be selling them any time soon.

When a major oil company predicts that the era of gas-powered cars is coming to an end soon, the rest of us might want pay attention. According to BP, you've got maybe 18 years left before your car is obsolete -- and probably a lot less than that.

Upstart automaker Tesla Motors confirmed this week that its groundbreaking Model S, an all-electric luxury-sports sedan, was on track to enter production by this summer. It already has pre-orders for more than 8,000. Is the moment coming soon when electric cars go mainstream?

The soaring price of gas in recent years has made hybrid cars more attractive with each trip to the pump. But before you drive a hybrid off the lot, consider new findings from the Union of Concerned Scientists, which show that many hybrid models don't save consumers as much money or fuel as they might expect.

Two weeks ago, DailyFinance asked our readers for their advice on how to save money at the pump. In the more than 1,500 responses that followed, we found a lot of creative solutions. Today, we look at maintenance and new-vehicle options that will help you spend less per mile.

Toyota has sold 3 million hybrid vehicles since launching the Prius in 1997.

The U.S. trade gap widened to just under $500 billion in 2010, but that obscures impressive growth in global sales of U.S. goods. And the outlook for 2011 is even better. Still, to reach a trade surplus, America must solve two serious problems.

Back in 2009, General Motors applied to the Department of Energy for $14.4 billion in loans to help it manufacture more fuel-efficient vehicles. Today, with the automaker making big strides in turning around its business, GM said it no longer needs or wants the money.

Fuel efficiency remains the top concern among new car buyers around the world, which is likely to boost demand for hybrid and electric vehicles, according to a report from KPMG. But the survey of senior auto-industry executives worldwide also showed that many have serious concerns about such vehicles' affordability.

German chipmaker Infineon Technologies is considering the idea of an electric car that's steered with a joystick, which could help car companies slash costs as they replace expensive mechanical parts with cheaper electronic ones.