Tag Archives: Ken Zino of AutoInformed.com

AAA – Labor Day Weekend Travelers Face Record Pump Prices

“The national average is $4.14, up 4 cents from last week. Continued volatility in the Strait of Hormuz has pushed crude oil prices in the $90 per barrel range. After a record-setting August, this Labor Day weekend is on track to also set a record at the pump. The national average has never been above $4 per gallon on Labor Day. The current Labor Day record is $3.82, set on September 3, 2012. Even though gasoline demand decreases this time of year, typically bringing down gas prices, this year is different due to the high cost of crude oil.,” AAA said in a release. Continue reading →

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IIHS Tightens Top Safety Pick Awards Criteria

The Insurance Institute for Highway Safety (IIHS) said today that it is making it harder to earn its Top Safety Pick and Top Safety Pick+ awards in 2024. In a never ending battle in the quest for improved safety going back at least to the landmark 1966 National Traffic and Motor Vehicle Safety Act, IIHS – not without self-interest since it is insurance company funded – wants manufacturers to offer better protection for back seat passengers and to improve their pedestrian crash avoidance systems. The latest changes will improve the prospects for people in vehicles operating in the US. If there is a regulatory debate here, it’s minor and irrelevant in AutoInformed’s view. The preservation and protection of human beings is part of an enlightened society with sound public, corporate and individual policies. The results are indisputable. Despite the more stringent requirements, 71 models qualify for 2024 awards. Of those, 22 earn Top Safety Pick+, and 49 earn Top Safety Pick from IIHS. Continue reading →

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U.S. August Sales Forecast Down Year-over-Year

“The summer isn’t delivering explosive sales like we saw last year, but the industry is still on pace to set an annual sales record” Continue reading →

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