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A new survey indicates that Gen Y consumers—a.k.a., Millenials, those born roughly between 1982 and 1993—are more interested in hybrids and electric cars than they are in traditional, gas-powered automobiles. The problem, from the automaker’s point of view, is that thus far consumers in this age demographic haven’t shown nearly as much interest in cars [...]
A new report estimates that the average American worker drops nearly $1,100 annually on coffee. That’s not much less than what the average worker spends to commute to the job.
Even after a year when sales of new cars increased by nearly 11% compared to 2010, thereby lowering the average age of cars on the road, the typical automobile today is ancient compared to its counterpart in the mid-’90s. In 1995, the average passenger car in operation in the U.S. was 8.4 years old, compared [...]
Two major news organizations known for their rankings and ratings—Consumer Reports and U.S. News—have just released their latest lists of the automobiles offering the most value for the money. Which cars represent the wisest, most worthwhile use of your cash?
Like clockwork, from 2000 to 2007 U.S. consumers could be counted on to buy roughly 16 million new cars annually. The global recession put the brakes on that gravy train, though, and in 2009, only 10.4 million new cars were sold. Because drivers have been more inclined to repair cars rather than buy new ones [...]
During the holidays, it’s expected that clothing, electronics, gift cards and, of course, toys will be hot sellers. But guns? I suppose many of them would fit nicely into a stocking. But still.
The priciest year ever for gasoline has just ended. In 2011, the average gallon sold for an all-time high of over $3.50, and the average household spent $4,155 gassing up their vehicles—also a record. And if you were hoping for relief at the pump in 2012, it looks like you’re out of luck.
Got $3,000? With that sum in India, drivers will have a choice of not one but two brand-new cars.
Here are five consumer items that will get cheaper and five that will get more expensive as the new year wears on
The U.S. auto industry is revving its engine heading into the new year. The three largest domestic carmakers posted strong gains to close out 2011 in another sign that the U.S. economy is coming back to life following the Great Recession. Chrysler led the pack, reporting a 26% jump in sales highlighted by its best [...]
New or used? Economy, mid-level, or luxury? No matter what kind of vehicle you have in mind, the end of the year is when hardnosed bargain hunters head to the car dealership—for good reason.
