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The national average price of unleaded gasoline jumped 5 cents to $2.49 per gallon in the first week of 2018 and has reached a level not seen since 2014 during the week that starts the new year, according to AAA.
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Michigan's U.S. senators are backing a proposal that would allow automakers to apply credits for model years as far back as 2009 to help them meet future standards to require their car and truck fleets to average 41 miles per gallon by 2021, reports the Detroit News.
Read More →On Friday, the Environmental Protection Agency finalized the fuel efficiency rules that will guide the federal greenhouse gas and CAFE standards for 2022-2025 model-year vehicles.
Read More →Spurred by a nearly 25% drop in fuel price, the annual cost to own and operate a vehicle in the United States has fallen to a six-year low of $8,558, according to AAA’s 2016 Your Driving Costs study. The drop more than offset the increase in every other cost associated with vehicle ownership.
Read More →The 2014 U.S. Automotive Emerging Technologies Study conducted by J.D. Power found that technology features consumers want most are those that allow them to access the entertainment, information and connections they currently get from their smartphone.
Read More →Hyundai and Kia Motors have settled litigation with car owners affected by overstated fuel economy ratings on vehicles sold between 2011 and 2013. Affected consumers will be given an option to accept a single “lump sum” payment or take part in a lifetime reimbursement program the OEM created in late 2012.
Read More →New-vehicle buyers ranked fuel economy as their top consideration in the NADAguides.com's newest shopper preference study. Vehicle design, brand perception, safety and ownership costs rounded out the Top 5 considerations.
Read More →The 2013 Fuel Economy Guide, which dealers are required to provide car buyers upon request, is now available. The new version contains updated MPGs for Hyundai and Kia.
Read More →Hyundai and Kia voluntarily reduced their fuel economy rating after an audit by the EPA found that the carmakers overestimated their fuel ratings for new models. The company has agreed to reimburse vehicle owners to cover the additional fuel costs.
Read More →The National Automobile Dealers Association (NADA) released a study today showing that higher vehicle prices resulting from proposed fuel economy rules will cut millions of potential new-car buyers out of the market in 2025.
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