Fuel Efficient Vehicles
Here's an unsurprising fact: Big Oil is making huge profits. Here's one that might catch your eye: car owners are spending nearly as much gassing up as they paid to buy their car.
As gasoline prices start to dip, so too are the values of fuel-efficient used vehicles. According to Kelley Blue Book, prices on fuel-sipping used autos increased by roughly 25 percent throughout the first 20 weeks of 2011, but that, "values for fuel-efficient used vehicles have now peaked." If you're out shopping for new used wheels, KBB has good news for you in that prices for used compact,
SAE International's 2011 Supermileage competition kicks off today with technical inspections and practice runs. The competing vehicles, possibly the envy of eco-conscious drivers across the nation, routinely achieve a fuel efficiency rating of more than 2,000 miles per gallon. These fuel-frugal vehicles will partake in the event which is being held at the Eaton Corporation Marshall Proving Grounds in Marshall, MI.
Data compiled exclusively for Reuters shows that the rush to purchase fuel efficient vehicles is not as urgent as it was back in 2008 when gasoline prices soared to a record-setting high of $4.114 in the U.S. Take, for example, the month of May, when the average fuel economy of new passe
Pop quiz: Say you split your driving evenly between a 21 mpg SUV and a 75 mpg Vespa scooter. What would your average miles per gallon be? If you answered 48 mpg you're not alone, as that's what Vespa came up with in their infographic we posted last week (reposted above). The only problem is that that answer is wrong. The real average is 32.8 mpg.The reason for the large difference is that in or
Chrysler claims to be on track to sell 1.4 million vehicles in the U.S. in 2011. However, key vehicles, including the Chrysler 300 and Fiat 500 are in short supply and, of the 170 U.S. dealers granted franchises to peddle Fiat vehicles, fewer than 50 are currently operational. Sergio Marchionne, chief executive officer of Eric Loveday
Do you remember 2008, when the cost of gas in the U.S. jumped to levels people just weren't ready for? When gas prices soared to $3.50 an above that year, we saw the U.S. public panic, and some changed their car-buying habits (for a while, at least).
In typical Honda fashion, its premium Acura division will take a different path and has decided not to get sucked into a power race with its rivals. We already knew Acura had shelved plans for a larger V8 engine and a rear wheel drive platform. Product planning manager John Watts told Automotive News that the brand will instead focus on doing what needs to happen to meet the 2016 fu
Imagine, if you will, taking a sheet of paper and cutting it in half. Now take one of those halves and cut it in half again. Now keep repeating the process. As you keep cutting, the difference in the size of the subsequent pieces gets progressively smaller. This simple example is a demonstration of wh