Tag: oil prices

By on September 13, 2016

pumping gas

Automakers can expect a favorable environment for lucrative truck and SUV sales well into next year, as the right conditions come together for a continued oil glut. That heralds lower prices at the pump, less painful driving, and less scrutiny of EPA mileage figures on Monroney stickers.

Oil supply and inventories are rising, even as demand falls off sharply, while overseas interests are conspiring to keep prices down — and in their favor. (Read More…)

By on June 4, 2016

May 2016 average fuel economy

Drivers aren’t getting the same deal at the pumps as they were last winter, and the gas mileage of new vehicles shows it.

Researchers at the University of Michigan say the average sales-weighted fuel economy of new vehicles hit 25.4 miles per gallon in May, the highest figure so far this year. It’s still less than the all-time high set in August 2014, but it shows not every car buyer is going for the thirstiest vehicle they can afford. (Read More…)

By on May 21, 2016

2016_Toyota_Prius_001_2452A99B7A0DE853E9CCBFC12E5E78A937FFFBE2

It’s easy to understand Toyota’s enthusiasm for selling 9 million hybrids worldwide since 1997. (Well, 9.014 million, but who’s counting?)

After all, have you sold 9.014 million hybrids? Don’t lie. You haven’t.

Toyota’s announcement comes as the world’s largest automaker accepts a challenge (from itself) to bring the total number of hybrid models sold to 15 million by 2020. It will do that by introducing more hybrid versions of its vehicles, then selling — it hopes — 1.5 million of them each year. (Read More…)

By on January 6, 2016

Autodesk VRED Professional 2016 SP1

Started in New York City in 1967 as an offshoot of the Chicago Music Show, the Consumer Electronics Show has grown to capture the interest and intrigue of automakers. Las Vegas now has two auto shows.

That, Volkswagen’s unending stream of German-accented apologies, why Ford might not be hitching itself to Google and how you can become an automotive journalist* … after the break!

(Read More…)

By on December 30, 2015

Winterkorn, sending the wrong signals. Picture courtesy focus.de

Where do you end up if you’re the former CEO of a company guilty of cheating diesel emissions tests, the fallout of which wipes out billions of dollars of value from said company? Business Insider’s “The 15 biggest career crashes of 2015” list, of course.

That, and Nissan prices the new Sentra, oil is still on a well-lubricated downhill slide, Jeep is now online in India, and more … after the break!

(Read More…)

By on December 29, 2015

buick-envision-usa-1

A picture is worth a thousand words, or millions of dollars worth of cars not built by the United Auto Workers.

That, and Buick is planning a surprise for Detroit, oil prices are ever-so-slightly up, a super mullet El Camino, and Manny, Moe and Jack … after the break!

(Read More…)

By on December 15, 2015

Jag_Formula_E_Image_151215_02

This is the new News Round-up where we cover all the things you should know that may or may not deserve a headline on their own (or we may have simply run out of time to cover them). It’s similar to the “While Your Were Sleeping” news coverage, but not the same, hence the name change.

This morning, Jaguar announced they are going racing again, the automaker formerly known as Saab has a business plan and the Tesla Model X has a price spread that would make Porsche blush.

(Read More…)

By on December 9, 2015

2016ToyotaPrius_(7_of_10)

Toyota announced Wednesday it would lower its global sales goal for the 2016 Prius in light of low fuel prices curbing sales of fuel-efficent vehicles.

According to Reuters, Toyota’s new target is to move an annual average of 300,000 to 350,000 Prii out of the lot around the world, compared to the 300,000 to 400,000 annual sales average sought for the outgoing model. A company representative said a decline in global sales of the hybrid since 2013 was one of the reasons behind Toyota’s decision.

(Read More…)

By on June 4, 2015

EDI_mpg_May-2015

Things are looking up for U.S. new-car fuel economy, as the average climbed 0.3 mpg in May to 25.5 mpg.

(Read More…)

By on May 22, 2015

Ford Mustang Receiving Gas Circa April 2015

OPEC is doubling down on shoving shale off a cliff, continuing the trend of low fuel prices through the fall in so doing, Memorial Day Weekend aside.

(Read More…)

By on May 18, 2015

Entrance_OPEC_Headquarter_Vienna

Those hoping for a return to $100 per barrel of oil are in for a long wait, as OPEC says oil will remain below the price point through the 2020s.

(Read More…)

By on May 5, 2015

Ali Al-Naimi

How long will Saudi Arabia allow oil prices to drop as the country’s production remains unchanged? Only Allah knows the answer.

(Read More…)

By on February 6, 2015

Tesla_Model_S_delivery_to_Høyres_Nikolai_Astrup_in_Norway

EV and PHEV manufacturers may have fared well in Western Europe last year, but further gains in the market aren’t likely for some time to come.

(Read More…)

By on January 26, 2015

2016-Chevrolet-Volt-2

By the end of Q1 2015, PHEVs are expected to take 1 percent of the overall U.S. domestic market despite fuel prices continuing their downward spiral.

(Read More…)

By on January 15, 2015

2014-rolls-royce-wraith-left-view

As the price at the pump continues to plummet — diesel not so much — British valuation guide Glass’s predicts big gas guzzlers new and used will return to the motorway.

(Read More…)

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