Energy, Auto Industry | featured news

Barack Obama will use a visit to a Chicago-area lab on Friday to call on Congress to set aside $2bn over the next decade to fund research into a next generation of electric cars. The White House said the Energy Security Trust, which Obama first proposed in his state of the union address, would use royalties from offshore oil and gas drilling in public waters and would not add to the deficit.

Ford is joining with Diamler and Renault-Nissan to speed the development of cars that run on hydrogen. The three companies expect their alliance to bring affordable hydrogen fuel cell vehicles to market as early as 2017. Fuel cell vehicles run on electricity generated from hydrogen and oxygen. The only byproduct is water.

U.S. retail sales rose in September as Americans bought more cars and gasoline, while a gauge of consumer spending pointed to stronger-than-expected economic growth in the third quarter.

A few years ago, rising gasoline prices pretty much destroyed the market for the big trucks, but they have become popular again.

The Obama administration finalized new environmental rules for automobiles Thursday that officials say will spur new vehicle technologies and reduce oil consumption. The rules require that all new cars average about 35.5 miles per gallon by ...

Ford uses the Texas State Fair to serve up its own brand of vegetable-powered pickup trucks.

Industry officials may be quick to talk up the newest in electric transportation. They’ll also admit it’s not going to be easy abandoning the time-tested internal combustion engine.

Piaggio plans to sell a plug-in hybrid scooter to the United States in 2010.

The president's chief of staff criticized U.S. car companies Sunday for relying too long and gas guzzlers and not investing enough in alternative energy vehicles.