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Toyota's 2016 RAV4 Hybrid will cost $700 more than the comparable gasoline model and deliver significantly better fuel economy in city driving, according to a Toyota announcement.
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The highway bill passed by the House on Nov. 5 and the highway bill passed by the Senate in July are headed to a conference committee charged with working out any differences between the two measures.
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Kia's 2016 Optima Hybrid mid-size sedan has been rated by the U.S. Environmental Protection Agency to achieve 40 miles per gallon on the highway, 36 mpg in city driving, and 38 mpg in combined cycles.
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Phantom Intelligence and Osram have created a compact, less expensive LIDAR unit that can be used for low-speed obstacle detection in city driving.
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Romania's operating leasing market has risen above 53,600 units under management at the end of the third quarter of 2015, up 14 percent compared to the same period of 2014 and 9 percent from the beginning of the year.
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Toyota will invest $1 billion in the next five years to establish a research institute in Silicon Valley, Calif., to focus on artificial intelligence and robots as a way of increasing mobility and automotive safety.
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New electric vehicle startup Faraday Future hopes to rival Tesla in the battle for best luxury EV by investing $1 billion in a U.S. manufacturing facility.
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GE has announced that it has completed the previously announced sale of its European fleet services business, representing aggregate ending net investment (ENI) of approximately $2.8 billion, to Arval, a fully owned subsidiary of BNP Paribas.
Read More →More than 32 percent of the vehicles in the fleet of the Jamaica Constabulary Force (JCF) are out of use and another 28.7 percent of police vehicles are more than 11 years old.
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