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US Government urged to promote diesel cars, NOT electric & hybrid

Diesel cars best option says former US Transport Secretary Former American Transport Secretary Norman Mineta is urging the US Government to promote high efficiency diesels instead of electric and hybrid cars. Just like the UK government, the US government seems obsessed with promoting electric and hybrid cars as the way of the future, something anyone who really knows cars will tell you is a nonsensical approach. Hybrid and electric cars are too costly to produce and have little appeal for the car buying public.

Koenigsegg backs out of deal to buy Saab

Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.

Diesel and hybrid sales up for 2012

When gasoline prices go up, sales follow—especially sales of diesel and hybrid cars. Diesel sales have risen a whopping 35 percent in the first quarter of 2012, according to data compiled by www.hyrbidcars.com and Baum and Associates. A total of 28,260 oil burners changed hands.