Category Archives: prices

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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AAA – Regular Gasoline Prices Up $1 in a Month

The national average for a gallon of regular gasoline is up 10 cents from last week and one dollar since last month, according to the latest data released today by AAA.

“Crude oil prices remain high as the Iran conflict nears the 4-week mark. The national average could reach $4/gallon in the coming days for the first time since August 2022. Gasoline demand is also on the rise as spring break season continues, another factor in rising pump prices,” AA said. Continue reading

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U.S. Fuel Prices Climbing. Up 28 Cents in a Week!

Fuel prices at the pump continued to climb by 28 cents since last week, according to a report released by AAA today.* With the Spring equinox ushering in warmer weather and more time on the road, gas prices are trending upward alongside seasonal demand. The Trump Administration Iranian war is clearly in play.

“Last week’s announcement by the White House to release 172 million barrels of oil from the U.S. strategic reserves over four months has no immediate relief on the oil market as the price of a barrel of crude continues to climb,” AAA said. “According to new data from the Energy Information Administration (EIA), gasoline demand decreased last week from 9.24 million barrels a day to 8.72 million. Total domestic gasoline supply decreased from 249.5 million barrels to 244.0 million. Gasoline production also decreased last week, averaging 9.4 million barrels per day. Continue reading

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Average Gallon Price for Gasoline Drops Slightly, But…

“Pump prices are expected to start their seasonal climb soon, as spring approaches and summer-blend gasoline production begins. Tensions between the U.S. and Iran are another factor that could drive up crude oil prices. Right now, gas prices are the lowest they’ve been for this time of year since 2021,” AAA said in a release. [The Trump Administration is in the process of deploying one of the largest number of U.S. military forces ever in the region. Once again today Trump threatened Iran saying, “We have to make a meaningful deal. Otherwise bad things happen.”-AutoCrat.] Continue reading

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Volvo Car Financial Services Extends BoA Deal

Volvo Car Financial Services (VCFS) and Bank of America (NYSE: BAC) today announced the extension of their long-standing relationship to provide auto loan and lease origination, financing, and servicing for Volvo Cars customers and Volvo Cars’ 280 U.S. retailers.* The collaboration, which began in 2012, will now continue through 2030. Continue reading

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Tesla, Toyota Top Power 2026 U.S. ALG Residual Value Awards

“Strong wholesale retention, solid brand value and a disciplined approach on rental fleet and incentives propelled Toyota to the top spot among mainstream brands,” said Danny Battaglia, managing director of ALG customer success at J.D. Power. “Toyota topped six segments for 2026, including a four-peat for GR Supra and five-peat for Tundra. Meanwhile, Tesla avoided the high incentives of other luxury battery electric vehicle brands in 2025. That helped earn it the top rank among luxury brands with the highest performers in three segments–including the refreshed Model Y, which included introduction of a lower-priced base version and additional content on mid-level trims.” Continue reading

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Talking Turkey – U.S. Gasoline Prices Relatively Stable

Gasoline prices are relatively steady compared to last week AAA said today.* The national average for a gallon of regular fuel went up by a couple of cents to $3.10.

“Despite the burst of gasoline demand that will occur during Thanksgiving week, overall demand is low this time of year which helps keep pump prices down. The national average has seen few fluctuations in 2025 thanks to low crude oil prices and no major storms affecting Gulf Coast refineries.” [so far – AutoCrat] Continue reading

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October U.S. Vehicle Sales Forecast Flat. Global Sales Up

Total new-vehicle sales for October 2025, including retail and non-retail transactions, are projected to reach 1,249,800, a 6.9% decrease year-over-year, according to a joint forecast from J.D. Power* and GlobalData.** October 2025 has 27 selling days, the same as October 2024. The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is forecast to be 15.1 million units, down 1.1 million units from October 2024.

“October’s results reflect a notable, but expected decline in the new-vehicle sales pace, due almost entirely to sales of electric vehicles. “The expiration of federal EV credits on Sept. 30 caused EV shoppers to pull ahead their purchases, driving a significant increase in EV sales and inflating the overall industry sales pace,” said Thomas King, president of the data and analytics division at J.D. Power. Continue reading

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GM Posts Q3 Net of $1.3 Billion on $48.6B Revenue

General Motors (NYSE: GM) today posted a Q3 2025 net income of $1.3 Billion down $700 million year-over-year on $48.6B in revenue. This included a gross tariff impact of $1.1 billion. GM offset more than 30% of this amount through what it said was go-to-market, footprint, and cost initiatives. It was a strong quarterly performance, but GM still faces major challenges in China, as well as problems dealing with Korea, Mexico and Canada via the upcoming re-negotiation of the North American Free Trade Agreement with the Trump Administration’s hostile to our northern neighbor. Nonetheless GM stock closed the day at $66.62, up $8.62 for a +14.86% gain.

“Thanks to the collective efforts of our team, and our compelling vehicle portfolio, GM delivered another very good quarter of earnings and free cash flow. In the U.S., we achieved our highest third-quarter market share since 2017 with strong margins, and our restructured China business was profitable once again. Based on our performance, we are raising our full-year guidance, underscoring our confidence in the company’s trajectory,” said Ceo and Chair Mary Barra. Continue reading

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Negative Consequences – Trump Tariffs on Input Goods

“While income taxes have been the cornerstone of U.S. federal tax policy since the early 20th century, the Trump administration is shifting tax burdens away from income taxes and toward import taxes. Kimberly A. Clausing of the University of California, Los Angeles, and Maurice Obstfeld of the Peterson Institute estimate that a U.S. effective tariff rate of 20% would generate roughly $300 billion in revenue per year, which amounts to less than one-sixth of the revenue raised annually by personal income taxes. Tariffs also generate considerable deadweight losses—expanding import-competing sectors and shrinking export and non-traded goods sectors—that will amount to approximately $113 billion per year, or more than one-third of the revenue raised by the tariffs. Continue reading

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Gasoline Demand Dropping, Pump Prices Flat

“Tis the season for lower gas prices as demand drops and gas stations make the switch to winter-blend gasoline which is cheaper to produce. Crude oil supply remains robust as OPEC+ – a group of oil-producing countries – is likely to announce in the coming days another production increase in November. That surplus coupled with weaker demand is keeping pump prices down, even as some U.S. refineries are expected to go offline this month for seasonal maintenance,” said AAA. Continue reading

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Gasoline Prices Stable as Summer Travel Ends

“The national average for a gallon of regular is down about a penny to $3.19. There remains an abundance of crude oil supply which is outweighing demand. The seasonal transition to winter-blend gasoline – which is cheaper to produce – is also beginning. While the national average has been relatively stable, drivers in the Pacific Northwest are feeling pain at the pump. Gas prices in the area have jumped more than 20 cents in the past week due to the shutdown of a major pipeline that transports fuel from Washington to Oregon. The pipeline is reportedly expected to resume operations in a few days,” said AAA Continue reading

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Nissan Armada Starts at $58,840

“Following the all-new debut of the 2025 model year, Nissan continues to deliver an Armada for every adventure – offering supreme comfort, premium technology, a bold new design and uncompromising capability. With three rows of seating, a maximum towing capacity of up to 8,500 pounds [3], and the added confidence of standard Nissan Safety Shield® 3604, the Armada is ready for whatever the road – or trail – may bring,” Nissan said. Continue reading

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Hypercar, Hyper Price – 2026 Corvette ZR1X

Chevrolet (NYSE: GM) said today that the 2026 Corvette ZR1X, inarguably the most advanced Corvette ever, will be available with an exclusive, limited production Quail Silver Limited Edition model. It will debut at this year’s “The Quail, A Motorsports Gathering,” in Carmel, California on August 15. There will also be the debut of GM Design’s concept car for the future C9 Corvette. Continue reading

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GM Posts Q2 Earnings of $3 Billion

“Despite slower EV industry growth, we believe the long-term future is profitable electric vehicle production, and this continues to be our north star. As we adjust to changing demand, we will prioritize our customers, brands, and a flexible manufacturing footprint, and leverage our domestic battery investments and other profit-improvement plans,” said Mary Barra, GM Chair and CEO, “Overall, GM is well positioned to succeed in an ICE market that now has a longer runway, Barra said. Continue reading

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