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Automotive News Archive17-Sep-2006Bank Of America Offers Hybrid Rebate to Employees The number two bank in the U.S. plans to offer $3,000 rebates to some employees who buy hybrid vehicles. Banker of America Corp. is now the largest U.S. corporation to offer hybrid incentives. Automakers Must Disclose "Black Boxes" Beginning in 2011, automakers must disclose presence of an onboard data recorder. Bus Fires May Be Under-Reported Federal accident investigators have concluded that bus passengers may be at more risk than anyone thought. Testifying at a hearing on the bus fire that killed 23 elderly hurricane evacuees last year, the safety experts said fires aboard buses appear to be under-reported. Ethanol Benefits Questioned Ethanol would supply only 12 percent of America's motoring fuel, even if every acre of corn were used to produce fuel and not food, suggesting the fuel is no cure-all for U.S. consumers facing high gasoline prices. Toyota Builds More Efficient Gasoline Engines Toyota, already the world leader in gasoline-electric hybrid vehicles, says it has designed a new family of fuel-efficient gasoline-powered engines that will be cleaner and more efficient than their predecessors.
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