fuel efficient cars

Ford reported $2.6 billion in net income, its largest first-quarter profit in 13 years, helped by an expanded portfolio of fuel-efficient vehicles and consumers driving up prices by outfitting their cars with more features.

Founder Frank Varasano has been replaced as chief executive officer of V-Vehicle Co., the San Diego-based company created to build fuel-efficient cars, the company says.

Ford has cut back on luxury models and increased output of smaller, fuel-efficient cars.

There's a simple way to get Americans to drive fuel-efficient cars, according to auto executives, but they are not going to like it -- sharply hike the gas tax.

Pickup trucks and sport utility vehicles were big sellers under the Cash for Clunkers program despite the federal government's focus on replacing gas guzzlers with more fuel-efficient cars.

If the wildly successful Cash for Clunkers program proved anything, it's that with the right kind of financial incentive Americans will buy small, fuel-efficient cars.

Car dealers have a new worry: they're running out of vehicles. As the "cash-for-clunkers" program lures consumers into showrooms, some dealers say their stock of fuel-efficient cars is waning.

Car dealers have a new worry: they're running out of vehicles. As the "cash-for-clunkers" program lures consumers into showrooms, some dealers say their stock of fuel-efficient cars is waning.

The Energy Department is expected to announce Tuesday it is lending money to the Ford Motor Co. and two other automakers from a $25 billion fund to develop fuel-efficient cars.

Determined to reduce vehicle carbon emissions by 30 percent, President Barack Obama on Tuesday announced a requirement for much more fuel efficient cars.