If you think $4 for a gallon of gas is pricey here in the United States, you should thank your lucky stars that you’re not a resident of Denmark. The Northern European nation is currently leading the world in gas prices, with a gallon costing an average $9.69, including a gasoline tax of $5.41. Other...
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The new trucks are said to not only employ new, more efficient six and eight-cylinder engines along with hybrid drivetrains, but are also rumored to boast significant weight savings over their current counterparts.
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While we won’t have final March sales numbers until Thursday evening, but for the first time since February of 2010, Ford looks set to beat GM in sales figures, with 210,000 units sold. GM won’t fare so badly, with a projected 208,000 cars and trucks moved in March. GM’s slump – and Ford’s success –...
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An old finance maxim states that “by the time you’ve read about it, it’s already too late”, but that hasn’t stopped used car dealers from eagerly snapping up any 4-cylinder or hybrid vehicle as gas prices continue to climb. With one dealer calling the sudden trend a “panic”, values of previously undesirable cars like the...
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Ford‘s strategy involving smaller cars priced at a premium will become even more important if gasoline rises beyond $4 gallon, said Ford of the Americans President Mark Fields. “There is a natural kind of water level that if a gallon of gas goes over, that may shift the market mentality,” Fields told Automotive News. “When it...
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Given the current state of gasoline, the Toyota Prius has been hotter than Justin Bieber tickets. Unfortunately, there’s a nationwide shortage of the popular hybrid across the American market: Cars.com lists just 9,014 available. Chalk it up to the recent earthquake and tsunami in Japan, but the Prius has been selling fast for months now...
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Those of you buying or selling a used car now have another weapon at your disposal during your hunt for the perfect clunker. The EPA is offering window stickers for a all kinds of used cars that give estimates of a vehicle’s fuel economy, so buyers and sellers can advertise (or obfuscate) how much gasoline...
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If gas hits $4.00 a gallon, which looks to happen soon, Ford is prepared with the right cars says CEO Alan Mulally. The automaker has put into place a new global plan with strong offerings in the compact and sub-compact set, while also proliferating the use of fuel-efficient technologies (ranging from direct-injection, to turbocharging, to...
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As gas prices continue to climb, the decision to purchase a hybrid vehicle makes more and more sense. But for some hybrids, the even $4.00 a gallon isn’t close to making that hybrid pay-off at the pump. In a recent study by CarGurus.com, taking into account the added price of a hybrid model, it was...
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Fuel prices are on the rise and car shoppers are reacting fast. With recent unrest in oil-producing nations causing one of the largest two-week spikes in oil prices in history, consumers are already adapting their buying habits according to a survey and report by Automotive News. In February small car sales totaled 15 percent of...
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With oil passing the $100/barrel mark on Thursday, analysts are warning that a gallon of gasoline could soon cost as much as $5 this summer. “If this thing escalates and there’s a good chance that there’d be a shift in supplies, $5 gas isn’t out of the question,” said Darin Newsom, an analyst at energy...
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You think you hate those rising gas prices – well, drivers aren’t the only ones. Automakers aren’t too pleased about skyrocketing gas prices either as they could undermine years of design and manufacturing planning. Gas prices could hit $4-plus per gallon sooner rather than later, and that could spell doom for automakers. This is due...
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