(Associated Press)
Nissan to start Leaf reservations in April
Nissan has announced that it will start signing up customers in April who want to buy its new Leaf electric car, with shipments starting by the end of the year. Nissan Americas Chairman Carlos Tavares says he expects about 20,000 people to sign up to purchase the vehicle by paying a refundable $100 reservation fee. The automaker will announce pricing in April, but a spokesman says the price will be similar to that of a base-level Toyota Prius hybrid, which starts at $22,800.
--Associated Press
(Ford)
2011 Shelby drops weight, ups efficiency
The 2011 Ford Shelby GT500 will get even more horsepower and better fuel economy, which could make it the first modern Shelby GT500 to dodge the gas guzzler tax, the company recently announced. The Shelby GT500 will get a new 5.4-liter, supercharged V8 engine with 550 horsepower and 510 pound-feet of torque. Ford says a 102 pound weight reduction will help to improve the iconic muscle car's fuel economy to 23 mpg on the highway and 15 mpg in the city -- up from the 2010 model's 22 mpg highway/14 mpg city. By exceeding 22.5 mpg, Ford can avoid the gas guzzler tax, a federal penalty that was put in place in 1978.
--Associated Press
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