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Hefty hybrids hot at L.A. auto show

November 17, 2007

Apparently, environmentally friendly autos are all the rage at auto shows.

According to BusinessWeek, "green tech continues to dominate major auto shows," and such is the case at this week’s Los Angeles Auto Show,
where "the theme is hybrids with heft."

The biz news magazine says that at the L.A. event, which opened to the public Friday and runs through Nov. 25:

"The Chrysler Group introduced two new mega-hybrids, the Chrysler Aspen and Dodge Durango,
both odd combinations that merge gas-electric power with impressive
capabilities like an optional 385 horsepower engine and a 6,000 pound
towing capacity.

General Motors unveiled a surprise full-sized hybrid pickup truck, the 2009 Chevrolet
Silverado Hybrid. It’s also touting its hybrid version of the glitzy
Cadillac Escalade, which it unveiled at the South Florida Auto Show
earlier this month.

And, Porsche made a light-bathed spectacle of its
hybrid Cayenne SUV’s North American debut."

Green car of the year: The show’s organizers even selected a 2008 Green Car of the Year. Judges included environmental group representatives, auto enthusiast Jay Leno and legendary car designer (and Texan!) Carroll Shelby, and they bestowed the title, sponsored by Green Car Journal, on Chevrolet’s Tahoe Hybrid (pictured below).

2008_chevy_tahoe_hybrid_2

The full-sized hybrid is the first GM vehicle to use the company’s two-mode hybrid system. Most automakers incorporate hybrid technology into mid-size or smaller vehicles
with four-cylinder engines, as that’s where big fuel economy gains
are most readily achieved.

You can read why the Tahoe won over the judges here, and check out the four other, smaller vehicles it beat here.

Not creditable yet: The Chevy SUV, however, has yet to get the IRS OK as a tax-credit-eligible alternative fuel vehicle.

The full tax-break-approved list is here, and it’s updated as new vehicles qualify. If you’re a Tahoe fan, keep checking. Or browse the list anyway; you just might find another eco friendly auto that you like and which could save you some tax dollars.

And you can read more on the L.A. auto show at the New York Times auto blog Wheels, and the paper’s special section on the event; at Edmunds Auto Observer and its Straightline blog; and at CNET News (lots of photos!).

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TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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