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Recent Posts
- Honda Post Record Operating Profit of $7B in FY 24
- Toyota Motor Posts Record FY24 Net Income of $39.1B
- Nissan Motor Posts FY Net Profit of $2.7 billion
- Hyundai Capital America Fined for Civil Rights Violations
- BMW Group – Good Q1 Earnings on Slight Sales Increase
- Greenhouse Gases – EPA Final Rule for Oil and Gas Sector
- Annals of Marketing – Audi Electric Mountain Bike
- Ford Maverick Pickups Recalled for Tail Light Failures
- The 2025 Genesis SUV – $57,700 to $79,300
- The April 2024 U.S. Jobs Report – is Stable Good?
- April 2024 US Vehicle Sales Drop Slightly
- Mercedes-Benz Q1 2024 Profit Drops 25% as Sales Slump
- Penske Automotive Group 2024 Q1 Earnings Drop
- Stellantis Q1 Revenues, Shipments Drop – Transition or Trend?
- NHTSA Makes Automatic Emergency Braking Mandatory
Recent Comments
- Robert Kurnick on Penske Automotive Group 2024 Q1 Earnings Drop
- Dr. K. Venkatesh Prasad on Southern Labor Rights Boosted at VW. Daimler Next
- Janet L. Yellen on EPA Celebrates Inflation Reduction Act Anniversary
- Lael Brainard on Auto Industry Continues to Rebound from Pandemic Lows
- United Auto Workers Union on EPA Finalizes Vehicle Pollution Standards for 2027-32
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Gas Prices Continue Dropping
U.S. motorists are paying an average price at the gasoline pump today of $2.10 per gallon) that is more than 40% lower than the 2014 peak of $3.70 reached on April 28. Continue reading
DOT and EPA Issue Record 54.5 MPG Fuel Economy Standards
Realistically, the fuel economy average will likely be in the 38-40 mpg range. Therefore, your mileage not only can vary but will vary from big numbers being touted in a closely contested Presidential election year. This, by the way, is where European fuel economy is right now, so if you want to know what the roads will look like a decade hence, travel to Spain or Italy whose governments desperately need tourist revenues to cover their massive deficits. Continue reading
President Obama Unveils 54.5 MPG Fuel Economy Regulation for 2017-25. Will it Alter Vehicle Choices and Increase Costs?
In a thirteen minute speech in Washington this morning, President Obama revealed his proposal for doubling the fuel economy of vehicles sold in the U.S. by 2025. This proposal, which will apply to cars and light trucks sold during model years 2017 to 2025, establishes a global warming pollution standard of 163 grams of CO2 per mile per new vehicle by 2025—the equivalent of 54.5 mpg if all the improvements are met through actual increases in fuel-efficiency. Continue reading
OPEC to Keep Oil Production Even. Prices Likely to Stay High as U.S. Economic Recovery Stalls and Unemployment Grows
OPEC’s decision to keep oil production levels constant is the latest setback for the stumbling U.S. economy. Since there has been no change in the way oil is produced or traded – as a fungible commodity – there is no reason speculators cannot keep oil prices moving up toward the record $147 a barrel that it hit in July of 2008. In fact, some analysts warn oil prices won’t stop there this time. Continue reading
Gasoline Prices Rising. Another Roller Coaster Ride Underway?
At the end of December 2010 gasoline prices in the United States rose above $3 a gallon for the first time since October of 2008. The difference this time around is that in 2008 the pricing trend was downward, having … Continue reading
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