Category Archives: Trump Truth Tests

Trumped – National Average for Fuel Prices Climbing Yet Again

AAA said today that the national average for fuel prices is once again on its way back up.*

“After five straight days of declines earlier this week, the national average is once again on its way back up. Today’s national average is a couple cents lower than last week, but with crude oil prices hovering in the $100/barrel range, pump prices remain elevated,” AA said. Continue reading

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California Starts $1 Billion Rebate Program for Electric Trucks

The California Air Resources Board (CARB)* today announced retailer enrollment is now open for the California Clean Fuel Reward (CCFR) for electric medium‑ and heavy‑duty trucks. CCFR is financed with revenue utilities generate from the state’s Low Carbon Fuel Standard (LCFS). The innovative [and planet-saving initiative in AutoInformed’s view despite the ongoing efforts of the Trump Administration’s Environmental Pillaging Agency, aka EPA] plan is expected to become the largest utility-administered rebate program for electric trucks in the country. This year $250 million will be available. There will be more than $1 billion in total rebate funding expected through 2030. Continue reading

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Trumped – Consumer Price Index Largest Increase in 3 Years!

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6% on a seasonally adjusted basis in April, after rising 0.9% in March, the U.S. Bureau of Labor Statistics (BLS) reported today. During the last 12 months, the all items index increased 3.8% before seasonal adjustment. The index for all items less food and energy rose 2.8% over the past 12 months. The shelter index increased 3.3% over the last year. Other indexes with notable increases over the last year include medical care (+2.5%), airline fares (+20.7%), household furnishings and operations (+3.9%), and recreation (+2.3%). [This was the largest increase in three years – AutoCrat.]

“The index for energy rose 3.8% in April, accounting for over 40% of the monthly all items increase. The shelter index also increased in April, rising 0.6%. The index for food increased 0.5% over the month as the index for food at home rose 0.7% and the index for food away from home increased 0.2 %,” BLS said. Continue reading

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CPI for Transportation Goods and Services Up 7%. Fuel 28%

“The CPI for all transportation goods and services rose 7.1% from April 2025 to April 2026. Transportation contributed 31.1% to the 3.8% increase in the price of all goods and services per the CPI. Gasoline (all types) contributed the most to inflation, rising 28.4% year-over-year and contributing 24.2% to the annual change in the price of all goods and service,” BTS said. Continue reading

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Trumped Thumped – N.A. Automaker 2025 Tariff Costs $12.5B!

“$12 billion is a hefty bill, and that’s only for cars and parts from two countries,” said Anh Do, senior analyst at Anderson Economic Group. “The total tariff burden borne by the American auto industry and its customers last year is much higher when you include tariffs on steel and aluminum, as well as imports from Europe and Asia.” Continue reading

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BTS – April 2026 Fuel Prices Soaring for U.S. End Users!

Today, the Bureau of Transportation Statistics (BTS) released monthly motor fuels prices for April 2026. The news was grim for U.S motorists, confirming the trend under the Trump mis-administration.

“In April 2026, the average price for regular motor gasoline was $4.10 per gallon; up 12.8% from March 2026 and up 29.4% from April 2025, BTS said. “The average price for diesel no. 2 was $5.50 in April 2026, up 11.8% from March 2026, and up 54.2% from April 2025,” BTS said. Continue reading

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May Day – UAW Strike Votes at American Axle, Woodward MPC

UAW Local 2093 members at American Axle, aka Dauch Corporation, today announced plans to hold a strike authorization vote starting 11 May. Results will be counted on 12 May, with the chance for workers to walk out of the Three … Continue reading

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AAA – Weekly Average Pump Gas Prices Up 27 Cents!

Gas prices are going back up again, according to the latest data from AAA. The national average is $1.12 higher than it was at this time last year. Oil prices are above $100/barrel.

“After ticking down for nearly two weeks, gas prices are going back up again with the national average seeing a 27-cent hike in one week. The national average is $1.12 higher than it was this time last year, as oil prices surge above $100/barrel with no indication of when the Strait of Hormuz will reopen. Gas prices are the highest they’ve been in four years since late July 2022,” AAA said in a release. Continue reading

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GM Canada to Build Next-Generation Truck V8 Engines

General Motors Canada (NYSE: GM) said today that it is investing C$691 million in its St. Catharines Propulsion Plant to support production of the sixth generation of General Motors’ V8 engine, which will power GM full-size trucks and SUVs. Yesterday, GM reported strong sales and earnings for Q1 2026 bolstered in part by sales of such vehicles. Complicating GM’s global strategy is the Trump mis-administration’s repudiation of the successful North American Free Trade Agreement (NAFTA) and its subsequent revision proposed, promoted and signed by President Trump known in the U.S. as USMCA (United States-Mexico-Canada Agreement) Continue reading

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GM Posts $2.6B Q1Net on $46.3B Revenue. Ups Guidance

“We have solid momentum in our core operations. We maintained overall sales leadership in the U.S. and Canada. We led the U.S. industry in full-size pickup sales and share, with 42% of the market, and we were #1 in Fleet, including Commercial deliveries. In addition, we were Number Two in EVs with growing market share, and Number One in Canada,” said CEO and Chair Mary Barra. Continue reading

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April 2026 Light Vehicle Production Forecast Drops Globally!

“The global auto industry’s near-term outlook is heavily influenced by the ongoing conflict in Iran, with the Strait of Hormuz now expected to remain closed through April, leading to higher oil prices and increased volatility. These conditions are raising manufacturing and logistics costs, putting pressure on vehicle demand and production,” said Mike Wall, Executive Director, Automotive Analysis, S&P Global Mobility yesterday.

“April’s forecast update includes downward revisions across most regions, especially Middle East/Iran and China, as the industry adjusts to persistent geopolitical and macroeconomic challenges. Elevated energy costs, inflation, and supply chain instability are the main factors affecting the industry,” said Wall. “Alternative scenarios, including a severe oil shock, are still being considered due to the risk of extended disruption.” Continue reading

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Trumped – Used Car Prices Spike after Hitting 12-Month Low

“With rising prices, flexibility is important,” said Sri Melkote, Chief Analytics Officer at CARFAX. “Shoppers should consider different makes, models, years, trims, or even nearby markets to find the best deals that fit their budget. This type of swing in prices suggests a volatile market, so tracking prices right now is crucial. Once you’re ready, a vehicle history report can help you avoid costly surprises and ensure real value.” Continue reading

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AAA – Pump Gasoline Prices Still Soaring

The national average for a gallon of regular gasoline went up 8 cents since last week to $4.16, according to the latest data published by AAA. The last time the national average reached that price was in early August of 2022.*

“Crude oil prices remain high, even as they’ve fluctuated in recent days following the announcement of a 2-week ceasefire between the U.S. and Iran. The price for a barrel of crude dropped below $100 but then rose again, highlighting the volatility of oil markets and fluidity of geopolitical events,” AAA said in a release. Continue reading

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Stellantis N.V. Securities Fraud Lawsuit Announced

The Rosen Law Firm, which bills itself as a global investor rights law firm, today announced a class action lawsuit on behalf of purchasers of common stock on the New York Stock Exchange of Stellantis N.V. (NYSE: STLA) between 26 February 2025 and 5 February 2026, inclusive (the so-called “Class Period”). A class action lawsuit has already been filed. Continue reading

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AAA – National Gasoline Prices Hit Four Year High!

Today’s average of $4.08 is ten cents higher than last week and $1.08 higher than a month ago. Crude oil prices have been surging, surpassing $100/barrel, as the conflict in the Middle East continues and the Strait of Hormuz remains closed. In 2022, gas prices remained elevated from March through August, peaking in June when the national average reached a record of $5/gallon for one week,” AAA said. Continue reading

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