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Toyota says Prius plug-in gets 65 mpg

Toyota Priuses with plug-in hybrid technology are averaging 65 mpg in combined gasoline and electric-mode testing. "That is real-world driving," said Bill Reinert, Toyota Motor Sales U.S.A.'s national alternative-fuel vehicle manager. "I ask my guys to drive them as you drive your normal Prius." By comparison, the redesigned 2010 Prius, a parallel hybrid with nickel-metal hydride batteries, will have an estimated 50 mpg rating.

New Saab 9-3 leaks – Saab’s future?

New Saab 9-3 leaks It makes a change to have a Saab story that isn’t more doom and gloom and financial meltdown, but it does seem a bit of a coincidence that an image of the new Saab 9-3 should surface on the day Saab reveals the Chinese investment plans to put Saab back on its feet. Still, casting our cynicism aside, the new Saab 9-3 will be a key part of the plans to revive Saab – but this leaked photo isn’t the first news we’ve had of the new 9-3. Apart from Victor Muller’s musings about Saab’s future, we saw a proper concept of the new 9-3 back at Geneva in the Spring when Saab called the Saab PhoeniX (the 9-3 Concept) an ‘Aeromotional Design’ and managed to allude to Saab’s background in fighter planes by saying the PhoeniX  ‘liquid metal’ forms and a dramatic jet canopy-inspired glasshouse’.

News watch October 2012: today's industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hou Wednesday 31 October 2012• It's emerged GM's European 2012 earnings are down nearly half a billion dollars in Europe, where it now expects to lose $1.5bn to $1.8bn before interest and taxes for the full year (DetNews)• Ford has posted a third-quarter net profit of $1.63bn (£101bn) - almost matching its eventual profit total for the entire year 2011. Despite painful losses in Europe (Ford expects to lose $1bn in Europe alone this year) a resurgent North American market has buoyed Fords sales even higher than previous forecasts (Automotive News Europe)• Fiat CEO Sergio Marchionne has weighed in against Republican presedential nominee Mitt Romney, who argued that a move towards Chinese production would harm American jobs.