Mercedes Benz manufacturer Daimler will go ahead with earlier plans to produce 10,000 electric-powered vehicles by 2012, according to Thomas Weber, director for research and development at Daimler.

The BMW M1 Homage is a concept car of the future, unfortunately this beauty will have to wait a little bit longer to be introduced into the world. BMW announced that the M1 will not be going into production, although they did not announce a date on which it will (or if it ever will for that matter) be going into production. See this post Here where we talked about the debute of the M1 BMW.

The 2008 GMC Yukon Hybrid is said to be the next innovation in Hybrid technology. This vehicle is using the new two-mode hybrid system produced by GMC which gives this vehicle exceptional fuel mileage, yet still this vehicle is a beast the full mileage is not going to be much better.

The new electric car from Chevrolet is on the way, we think. While we wanted to call it their newest hybrid, the company has consistantly expressed their desire for it to be called an electric with “range extender” - considering they only use gasoline to recharge the batteries. Ok, enough with the history lesson…

Several of the top automakers are looking for ways to bring in economical and fuel efficient cars over to the U.S. due to the increase in gas prices. Ford was one of the first to make this step and now it is Honda’s turn.