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News•June 19, 2006

Rising Gasoline Prices Trigger Inflation

WASHINGTON, D.C. --- Soaring gasoline prices helped trigger an increase in consumer inflation in May.

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News•June 19, 2006

Toyota Seeks to Double Hybrid Models

TOKYO --- Toyota plans to double its number of hybrid gasoline-electric powered models by as early as 2010.

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News•June 16, 2006

Prius Sales Pass the Half-Million Mark

TORRANCE, Calif. --- Toyota Motor Corp. announced that the Toyota Prius, the world's first mass-produced gas-electric hybrid vehicle, has surpassed one-half million worldwide cumulative sales with 504,700 units sold as of the end of April.

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News•June 14, 2006

Average Retail Gasoline Prices Rise 1.4 Cents

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline climbed 1.4 cents last week to reach $2.906 per gallon as of June 12.

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News•June 13, 2006

Growing Awareness, Rising Gas Prices Boost Sales of Ford's Hybrid Models

DEARBORN, MI – Demand for the Ford Escape Hybrid and the Mercury Mariner Hybrid is mounting as gas prices escalate and customers gain greater awareness of hybrid benefits.

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News•June 13, 2006

Tax Credit Still Available for Purchasing Hybrid Vehicles From Toyota and Ford

LOS ANGELES – The Internal Revenue Service announced that purchasers of Toyota Motor Sales USA and Ford Motor Company qualified vehicles may continue to claim the Alternative Motor Vehicle Credit (AMVC).

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News•June 13, 2006

Clean Diesel Is Coming to a Pump Near You

WASHINGTON, D.C. – The U.S. Environmental Protection Agency (EPA) now requires (as of Jun. 1) that U.S. refineries begin making ultra-low-sulfur diesel (ULSD), a fuel with 97 percent less sulfur than ordinary diesel, according to the Christian Science Monitor.

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News•June 13, 2006

Chrysler Announce First Full-Size Diesel-Powered SUV in U.S. With Introduction of 2007 Jeep Grand Cherokee CRD

AUBURN HILLS, MI – Chrysler Group has revealed plans to produce the first diesel-powered, full-size SUV to be offered in the United States. The 2007 Jeep Grand Cherokee, with a 3.0L common rail turbo diesel (CRD) engine, will arrive at Jeep dealerships in the first quarter of 2007.

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News•June 13, 2006

Honda Announces Tax Credits for Hybrids

TORRANCE, CA – Customers who purchase a new 2006 Honda hybrid vehicle on or after Jan. 1, 2006, may be eligible for federal tax credits ranging from $1,300 to $2,100 when they file their 2006 tax returns, according to American Honda Motor Co., Inc.

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News•June 12, 2006

Average Retail Gas Prices Rise 2.5 Cents

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline climbed 2.5 cents last week to $2.892 per gallon as of June 5. That's 77.6 cents higher than last year, reported the Energy Department's Energy Information Administration (EIA).

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