Today’s Question of the Day is remarkably simple, but it took a reader suggestion to make it appear.
Category: Question of the Day
After climbing above $3.50/gallon for much of the spring, the average U.S. retail price for regular gasoline began to decline in mid-July before rapidly plunging throughout the fall of 2014, sliding to around $2.70/gallon by the beginning of December.
Have consumer tendencies been altered as a result?
We’re not on a mission to suggest they have, nor is our aim to support the belief that they haven’t. Any change would be both slight and gradual, and not without other possible causes. (Indeed, if it is slight, it means the vast majority of buyers aren’t changing their ways at all.) But if there is a band of consumers which makes new vehicle purchase decisions based on a brief period of less costly fuel, how many consumers are in such a band, and how different is the new track they follow? Read More >
On the news of OPEC’s decision to keep oil production at current levels, there is almost certainly going to be a rout in the price of oil.
Last weekend, while I was helping to run the seventh annual 24 Hours of LeMons Fall South race, I got into a debate with LeMons Chief Perp Jay Lamm over which team should get the accomplished-the-most-with-the-worst-car trophy, the Index of Effluency. The 1982 Renault Fuego Turbo of Interceptor Motorsports, which made its debut at that race, managed to turn 19 laps during two days of racing (the winner did 377 laps) and finished 105th out of 110 entries. My opinion was that the Fuego Turbo was the worst car sold in the United States in 1982 and thus Interceptor Motorsports deserved Index of Effluency recognition for their achievement, but the Chief Perp felt that plenty of Detroit-built cars from the Malaise Era were even worse. In the end, we gave the prize to a 1979 Wagon Queen Family Truckster (which finished in P73), but I still think that you’d be hard-pressed to find any 1982 model-year car that approaches the Renault Fuego Turbo for across-the-board terribleness. Read More >
With pricing for the Audi Q3 and Mercedes-Benz GLA announced, the fight for the luxury compact crossover sales crown is officially on. It’s going to be the most important battle of the year for the luxury car market.
In honor of Independence Day, I’d like to pose a simple question to you all. What is America’s Finest Automotive Hour?
Well, I nearly died today.
I was driving on a winding one lane road, when a silver mid-2000’s Dodge Ram Club Cab broke through the double yellow, and swerved halfway into my lane.
My car was a 7 year old Toyota Corolla, and if it weren’t for a last split-second swerve, I would have been dead. No question about it.