Let’s not jinx it or anything, but gas prices have suddenly declined more than two weeks in a row, to the point that drivers were actually paying more for gasoline a year ago than we are right now.
Hyundai gets high scores from drivers and car critics alike for quality, performance, value, and overall respect. So what’s the company’s big problem? It’s struggling to make cars fast enough to meet the demands of the marketplace.
By 2025, the government will require an average fuel economy of 54.5 m.p.g. for cars and trucks sold in the U.S. To meet that requirement, automakers must focus on more efficient, technologically sophisticated cars that cost more upfront to build — and whose costs are ultimately passed along to consumers. How much more will these [...]
In recent months, car sales have been booming at the same time that consumers have been paying more per vehicle. Because demand for cars is high, it would seem like a safe assumption that people need new wheels because we’re all driving more nowadays. Actually, the opposite is true.
When gas prices soared in 2008, protests erupted around the world, and automakers in Detroit had to beg the federal government to bail them out lest they go out of business. Gas prices are soaring again in 2012, yet the auto industry is booming, and drivers, while annoyed, are mostly taking rising fuel costs in [...]
There’s a theory holding that when gas prices are high, consumers wind up paying higher prices for cars—especially vehicles with good gas mileage. Well, gas prices are rising, and sure enough, the numbers show that we’ve been paying more for cars lately, too—a lot more.
Automakers have realized small cars can mean big business, and many compacts, subcompacts, and “minis” have hit the market recently or will do so soon. Here are 10 of the most heavily anticipated models.
A struggling economy has translated into good business at auto repair shops, as Americans hung onto their old cars longer and occasionally needed expert assistance keeping them on the road. Well, business might be slowing down a bit for the local mechanic. In another sign that the economy is in recovery mode, auto sales in [...]
Manual-transmission cars cost less than automatics. They also tend to get better gas mileage, and they’re more fun to drive. Even so, cars with manual transmissions now account for less than 10% of vehicles sold, and considering that each generation of drivers is less and less likely to know how to drive stick, standard transmission [...]
In the past week alone, the price for a gallon of regular gasoline in Chicago and the surrounding areas has soared by a startling 18¢, reaching all-time highs of $4.67 within the city and $4.51 in the suburbs.
Now, and for some time to come, anyone looking for a deal on a slightly used car is out of luck.
