Hybrid car sales rise with high fuel prices in 2003
Hybrid registrations reached 43,435 last year, up 25.8 percent from 2002, led by California then Virginia, Florida and Washington. Honda Civic and Toyota Prius dominated US sales, with Prius up 62.4 percent through March.
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States Housing Hysric REGISTRATION And Hybrid Vehicle Push
California leads top registrations with 11 425 while Washington and Maryland trail. The piece notes Ford Honda and Lexus expanding hybrid options and cites officials proposing tax breaks or incentives to boost energy efficient vehicles. Minnesota lawmaker Frank Hornstein backs a sales tax exemption despite revenue concerns.
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Ford Reports Big Q1 Profit Driven by Cost Cuts
Ford Motor Co. posted a first quarter net income of 1.95 billion dollars, more than doubling from the year earlier period due to improved automotive profits and ongoing cost reductions across its operations.
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Ford doubles profits from a year ago
Dearborn Michigan AP Ford Motor Co reports first quarter profit of 1.95 billion, beating Wall Street forecasts and lifting the 2004 earnings outlook. Automotive divisions worldwide turn a profit, financing arm sets record earnings, marking a return to automotive strength after years of service losses.
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AMR Leads Airline Stocks as 1st Quarter Fades on Costs
AMR stock rises about 9 percent as carriers report a budding recovery in business travel yet face high fuel costs and capped revenue. Northwest fares jump while analysts warn extra flights may hinder fare increases. American CEO Gerard Arpey says growth should follow.
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