Kelley Blue Book announces the all-new 2009 model-year vehicle winners of its annual Best Resale Value Awards, which recognize current and upcoming vehicles for their projected retained value five years from now (the average ownership period).

The recent economic slowdown has affected the Indian car industry as much as any other sector. Honda announced a booming Rs 8 lakh slash on prices of its recently launched “Go Green” attitude Honda Civic Hybrid model. The amount of the price cut is one of the steepest in the history of the Indian automobile market.

British cops get increasingly environmentally friendly. First, London Metropolitan Police has bought 117 brand new Honda Civic Hybrids, and now guys at Wiltshire Constabulary are looking forward to get their hands on yet another bunch of hybrids. Only this time, these are going to be the latest Lexus GS 450h luxury performance sedans, costing about $60,000 a piece.

Honda Civic Hybrid, the first hybrid car of India has witnessed unexpected sales. Till now the company has sold around 50 hybrid cars, mainly to the Honda car dealers and a small percentage to high networth individuals.