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Automotive News Archive26-May-2006Survey: Consumers Want More Auto Safety Technology More than eight out of 10 U.S. car owners want some form of in-vehicle technologies to improve safety and security and they are willing to pay for it, a survey finds. Chrysler to Step Up Flex Fuel Production Chrysler plans to increase production of ethanol-ready models in response to higher gasoline prices. Toyota Goes Country to Sell Big Trucks As part of a campaign to sell more full-sized pickup trucks in the U.S., the Toyota Motor Corp. is boot scootin' into the heartland of the U.S. Bush Proposes Lifting Hybrid Tax Credit Limit President Bush says Congress ought to eliminate the limit on the number of hybrid vehicles produced by an automaker that qualify for current tax credits. GM Scraps the Hummer H-1 The head turning hulk of an SUV known as the H1 Hummer is about to see its last day on a civilian production line. GM has announced that production of the diesel-powered guzzler will end in June. The H1 is the civilian version of the military Humvee and sells for $126,000. Chevron Reports Huge Profit Chevron Corp., the No. 2 oil company in the U.S. reported quarterly earnings rose 49 percent to $4 billion, topping Wall Street expectations and sparking a 2 percent rise in the stock. Survey: Gas Prices Don't Shake SUV Popularity As the price of gasoline continues to climb, consumers are beginning to reevaluate their criteria for purchasing new vehicles, according to a survey of 1,200 people conducted by the University of Maine. Gas Prices Rip Consumers, Bash Roadside Businesses Sky-high gasoline prices are changing consumer driving habits, vacation plans and overall buying patterns according to several new surveys.
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