1967 Ford Mustang on 2040-parts.com

Ford C-Max Energi and C-Max Hybrid (2011)

Ford has unveiled two new hybrid vehicles at the 2011 Detroit motor show, the plug-in hybrid C-Max Energi, and the C-Max Hybrid. Both are based on the five-seat Ford C-Max, and the pair go on sale in North America in 2012, while European sales follow in 2013. Both the Ford C-Max Hybrid and Ford C-Max Energi use an Atkinson-cycle (like the Prius) 2.0-litre petrol engine and lithium-ion batteries.

Chevy Volt to get 230-mpg rating for city fuel economy, General Motors says

General Motors expects that the Chevy Volt will get an EPA city fuel-economy rating of 230 mpg, and a combined fuel economy rating of triple digits, CEO Fritz Henderson said Tuesday. The ratings will be based on a new test that the EPA is developing for plug-in electric hybrids. The highway and combined figures were not announced.

Arizona auctions: Scottsdale sales net an estimated $157 million

WITH VIDEO -- Five days of sales staged by auto auction companies in the Phoenix area pulled in a combined estimated total of $157 million, according to Hagerty Insurance. The five companies staging auctions--Barrett-Jackson, Gooding & Co., RM Auctions, Russo and Steele and Silver Auctions--offered 2,887 lots for sale and sold 2,325 of them, an 81 percent sell-through rate. A 2006 Ferrari FXX Evoluzione at the Gooding auction was listed as the top single sale with a price of $2.09 million, Hagerty said.