Friday, August 26, 2011

Toyota Working With Tesla for New Electric Vehicle

Toyota has teamed up with Tesla in their latest move to curb the alternative energy market - their latest partner is none other than the famous electric vehicle maker Tesla, who has begun working on a brand new electric-powered Toyota RAV4. Nothing is set in stone as of yet, but rumors from sources inside Toyota put the value of the deal around $1 billion - a big chunk of change, but definitely a worthy one. As auto transporters can attest to, Toyota is still one of the best-selling brands in the United States, and their stock is only going to continue to go up. For Tesla, who has been looking for a way to turn a major profit after financial troubles over the past few years, this comes as a welcome lifeboat for a dying company.

Friday, August 12, 2011

Obama White House Steps Up, Demands Better Fuel Economy from Large Vehicles

For the first time in history, fire trucks and other large vehicles such as semi trucks, concrete mixers, and others are going to be seeing the way that mainstream vehicles have to go - better fuel economy. It comes at a time when large vehicles are becoming increasingly harder and harder to fuel, but the Obama white house is saying that by enacting this new law businesses will save billions in fuel costs, as well as an increase in air quality and public health. However, auto transporters are not looking forward to it, as it means that they will have to update their rigs - and for many, that’s not an easy thing to do.