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January 3, 2018 - Industry News

Gasoline Prices Jump to $2.49 Per Gallon

Photo by Vince Taroc

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.

Tags: Fuel Economy, Gas Prices

May 30, 2017 - Industry News

Mich. Senators Support Fuel Economy Bill

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.

Tags: CAFE Standards, Donald Trump, Elected Leaders, EPA, Fuel Economy, Michigan

January 17, 2017 - Industry News

EPA Finalizes Green House Gas and CAFE Standards

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.

Tags: CAFE Regulations, EPA, Fuel Economy, GHG

April 7, 2016 - Industry News

Drop in Fuel Prices Pushes 'Cost to Own a Vehicle' to Six-Year Low

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.

Tags: AAA, Cost to Own, Fuel Economy, Study

May 1, 2014 - Industry News

Vehicle Owners Willing to Pay for Smartphone Functionality, Not Connectivity

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.

Tags: Fuel Economy, J.D. Power and Associates, smartphones, technology

December 26, 2013 - Industry News

Hyundai Settles MPG Suit

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.

Tags: Environmental Protection Agency, Fuel Economy, Hyundai, Settlement

April 30, 2013 - Industry News

Fuel Economy Reigns Supreme in NADA Shopper Preference Study

New-vehicle buyers ranked fuel economy as their top consideration in the's newest shopper preference study. Vehicle design, brand perception, safety and ownership costs rounded out the Top 5 considerations.

Tags: automotive, Fuel Economy, NADA,, new-vehicle shopper, vehicle design

December 11, 2012 - Industry News

2013 Fuel Economy Guide Now Available

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.

Tags: 2013 Fuel Economy Guide, FUEL, Fuel Economy, miles per gallon, MPG, NADA, vehicle

November 6, 2012 - Industry News

Hyundai, Kia Overestimated Fuel Economy

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.

Tags: Environmental Protection Agency, EPA, Fuel Economy, Hyundai, Kia, mileage, overestimate, reimbursement

April 12, 2012 - Industry News

Fuel Economy Rules Cut 7 Million Buyers Out of Market, NADA Says

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.

Tags: EPA, Fuel Economy, MY2012-2025, Obama administration

April 12, 2012 - Industry News

Avg. Fuel Economy Rises 3.1 MPG From March 2008, TrueCar Reports

Average fuel economy of new vehicles sold continues to rise, with TrueCar reporting that its fuel economy gauge has jumped almost 3 mpg since 2008.

Tags: Fuel Economy, fuel-efficient vehicles, miles per gallon, TrueCar

March 6, 2012 - Industry News

Gas Prices, Fuel-Efficient, Used-Vehicles Pricing on Same Trajectory

CarGurus, an auto research and shopping site, expects prices on fuel-efficient, used vehicles to increase 15 percent by August as gas prices continue to approach $4.50 a gallon.

Tags: CarGurus, Fuel Economy, Gas Prices, used vehicles

March 1, 2012 - Industry News

Interest in Fuel-Efficient Cars Followed January Gas Price Spike, AutoTrader Reports

A report by revealed that the notable increase in gas prices in January pushed used-car shoppers on its site toward fuel-efficient vehicles.

Tags:, Fuel Economy, used vehicles

February 23, 2012 - Industry News

AutoTrader Spots Movement Toward Fuel-Efficient Vehicles

A report by revealed that shoppers are turning toward smaller and more fuel-efficient vehicles in the wake of rising gas prices, which crept up to a national average of nearly $3.40 per gallon in January.

Tags:, Fuel Economy, Gas Prices

October 13, 2011 - Industry News

Consumer Demand for Luxury Vehicles Wanes

A survey by TNS indicated that almost one in three luxury car owners have a more negative attitude toward purchasing another luxury vehicle in the future.

Tags: consumer confidence, economic downturn, Fuel Economy, Luxury Vehicles, Vehicle Maintenance

July 26, 2011 - Industry News

NADA Used Car Guide: Prices on Used Fuel-Efficient Vehicles to Remain High in August

NADA Used Car Guide expects average trade-in values for popular, fuel-efficient small cars (2006-2009 model years) to be 10 to 30 percent higher in August 2011 than they were at the beginning of the year.

Tags: Fuel Economy, Hybrid Vehicle, NADA Used Car Guide, used vehicles, used-vehicle values

July 7, 2011 - Industry News

Toyota, Ford Top Hybrid Vehicle Scorecard List

The Union of Concerned Scientist’s Hybrid Scorecard rankings named Toyota- and Ford-built hybrids as the top models on its annual list.

Tags: Ford, Fuel Economy, Honda, Hybrid Vehicle, Lexus, Lincoln, Toyota

May 17, 2011 - Industry News

Gas Prices Fueling Consumer Support for Higher Fuel Economy Standards, Study Says

A national survey of 2,000 representative Americans found that large majorities are concerned about gas prices (85 percent), think it is important to reduce oil consumption (87 percent), and believe it is important to increase fuel economy standards (75 percent).

Tags: Fuel Economy, Gas Prices

May 10, 2011 - Industry News Dramatic Increase in Used-Vehicle Prices

Kelley Blue Book, a provider of new- and used-car information, said that used vehicles are more expensive than ever, as covered in the company’s Blue Book Market Report for May 2011.

Tags: Fuel Economy, Kelley Blue Book, new-vehicle values, used-vehicle values

April 12, 2011 - Industry News

Kelley Blue Book Names Top 10 Green Cars of 2011

The expert editors from Kelley Blue Book’s today named the Top 10 Green Cars of 2011.

Tags: Fuel Economy, Hybrid Vehicle, Kelley Blue Book

October 4, 2010 - Industry News

Consumer Buying Habits Changing, Survey Says

More consumers are purchasing cars out of necessity and have less brand and dealer loyalty, according to a recent survey by Chrome Systems Inc., a subsidiary of DealerTrack Holdings Inc.

Tags: brand loyalty, dealer loyalty, Fuel Economy, Vehicle Sales

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