Posted in Fuel Prices, Gas Prices on May 2nd, 2008
The Associated Press (AP) reports today that the national average of a gallon of gas dropped 0.1 cent overnight to $3.622, according to a survey of gas stations by AAA and the Oil Price Information Service. This marks the first time in 18 days where gas prices haven’t climbed to a new record. Analysts say […]
Posted in Automotive, Chrysler, Financing, Ford, Gas Prices, GM, Honda, Nissan, SUV, Toyota, Trucks on May 2nd, 2008
Throughout the month of April, consumers traded in their gas-sucking SUV’s and trucks for smaller, more fuel-efficient cars. Even with a slow economy, there’s no surprise that we’re seeing this trend of people who are buying smaller vehicles that cost less to fill up the tank. Toyota, Nissan and Honda, all popular manufacturers of smaller, […]
Posted in alternative fuel, Automotive, GM on May 1st, 2008
GM announced today it has formed a partnership and taken an ownership stake in Boston-based Mascoma, a renewable energy company that is trying to develop cellulosic ethanol from wood chips, waste paper sludge and switch grass, reports USA Today. Waste paper sludge? Do I even want to know what that is? I asked our staff […]
Posted in Automotive on May 1st, 2008
GM is building a Cadillac CTS Convertible? How come no one has heard of this? Seems the folks over at GM would want to glorify something like that, right? I should have at least seen a commercial by now… Nope GM is not building a CTS convertible, at least not for now. The car pictured […]
Posted in Automotive on May 1st, 2008
Ford Motor Co. has posted a net income of $100 million on total revenue of $43.5 billion during the first quarter. This is great news for Ford who has had a to endure some tough times. Just take this into account, the same time last year Ford has posted a net loss of $282 million […]
Posted in Automotive on May 1st, 2008
General Motors has made an announcement that it will spend $200 million to build an engine and components plant in Joinville City, Brazil. Construction is scheduled to begin in the fourth quarter of 2009. Once up and running, the plant will employ 500 workers and generate 1,300 indirect jobs according to GM. “The decision to […]
Posted in Automotive, Financing, Gap insurance, Insurance, New cars on May 1st, 2008
Can you really buy a new car, drive it off the lot and then total it in an accident on your way home? Sure. Accidents are totally unpredictable and I’m sure there are people out there who have had this situation happen to them. I think gap insurance is definitely something you should read up […]
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