1 / 3
NEXT

In early May of 2011, the national average price of gasoline in the United States hit exactly $4 a gallon before falling to the current level of $3.56. However, if predictions from Barron's hold true, then prices will shoot back up in early 2012, hitting $4.50 by next spring.

40 mpg is the new 30 mpg, and we're quickly approaching the days when 50 mpg won't be such a lofty number. Who wins in the fight for efficiency?

In this case, "patriotic" refers to car shoppers who buy from domestic manufacturers regardless of where their products are actually built or designed. Not surprisingly, TheDetroitBureau.com reports that the Big Three are most popular in the Midwest, with more than two-thirds of car sales going to Ford, General Motors or Chrysler. Detroit and Saint Louis were rated the two cities with the largest slice of domestic car buyers with consumers choosing to buy American 67 percent of the time. Clevela

It's been reported that soaring demand for rare earth metals will likely drive prices way up. This concept of demand = increased prices is supported by numerous individuals and firms. First, there's the report from Metal-Pages, which indicates that the price of neodymium, an element used in electric motors, doubled in 2010. Then there's Robert Bryce, author of Power Hungry, who indicates that "prices will gyrate upward, adding cost to any automaker building hybrids." Finally, Roskill Consulting

Gone In Sixty Seconds

Ever been conned on the car lot? Don't despair: so has "Up in the Air" actress (and, ahem, hair enthusiast) Vera Farmiga.

Cruze beats Camry, V8 Supercars to race in Austin, HOV stickers expire, 2012 Toyota Camry

President Barack Obama is set to name Jay Williams, the Mayor of Youngstown, Ohio, as his head of the Office of Recovery for Auto Communities and Workers. The post was created by executive order in 2009 shortly after both General Motors and Chrysler declared their respective bankruptcies. Williams is expected to resign as mayor before taking up the post in August.

A little over a year ago we reported on the Jetsons-esque Terrafugia Transition flying car. Back in June 2010, the vehicle had just gotten past an important FAA regulatory hurdle that allowed it to be certified in the Light Sports Aircraft category. This was a big deal, no question, but for the past year the law has actually permitted only half of the Terrafugia's function. The plane/car wasn't able to adhere to some of the standard safety requirements mandated by the Department of Transportati

1 / 3
NEXT
Share This Post