Economy

Gas Prices Going Down, But They've Changed Our Lifestyle
Gas Prices Going Down, But They've Changed Our Lifestyle

Gas prices might no longer be on the way up—at least for a little while—but it appears that this time, surging pump prices, combined with the persisting economic conditions, have meant that U.S. families are feeling it more sorely than before. A new Gallup Poll found that Americans are...Read More»

Gas pump
High Gas Prices: Signs Of Some Summer Relief At The Pump

Take a look at your local gas station's sign this weekend, and you might—you just might—see something you haven't seen in many months: the price going down a penny or two. Largely because of this week's end of a sustained period of crude-oil speculation, it could be the start of a...Read More»

2010 MINI Scooter E Concept
High Gas Prices Mean More Scooters On The Road -- But Are They Right For You?

There's been a lot of discussion the past few weeks about gas prices and the effect they're having on vehicle sales. One the one hand, we've seen studies indicating that fuel efficiency is now the leading factor in new car purchases -- data that jibes pretty well with the increased popularity of...Read More»

Semi trailer
Higher Gas Prices Poised To Drive Costs Up On Consumer Goods

Gas prices are a part of our daily conversation about vehicle choice—and a source of concern, recently, as pump prices have been trending upward at a rapid rate. But gas prices affect us in many ways other than just filling up the family vehicle. Rising gasoline and diesel costs are now...Read More»

Gas pump
Watchdog Team To Monitor Oil, Gas Markets For Fraud

Rapidly escalating oil and gas prices have drawn the attention of political leaders, including President Barack Obama and Attorney General Eric Holder. While the government can do little to affect prices, it can monitor the activities of traders and speculators to ensure that no laws are being...Read More»

2011 Chevrolet Cruze preview
Delay Teen Driving, Save On Insurance?

It’s a headline sure to cause a family revolt – if you have a teenager at or approaching driving age, that is. What parent would go so far as to delay their teen’s getting a driver’s license and driving? According to results from a just-released Nationwide Insurance survey...Read More»

2011 Ford Fiesta
Study: Unemployment Rate, Gas Prices Predict Vehicle Demand

At first glance, the auto market can look fickle from one month or season to the next. Some months Americans are more into thirstier vehicles; other months—like this one—we put down our wont toward trucks, and there's a rush on fuel-efficient small cars. Now, two researchers at the...Read More»

Money makes the world go 'round
Gas Prices Linked To Lowest Consumer Confidence In A Year

Rising gasoline prices, as well as rising food prices, are contributing to less confidence in the economy, according to a survey released late last week. And with prices continuing to rise, albeit gradually, amid speculation about what will happen with supply from Libya, bruised confidence could...Read More»

Gas pump
Analysts: Gas Prices Could Bring Economic Recovery To A Halt

Just when it looked like people were more willing to spend money again on non-essential items—and on more essential (but deferrable) purchases like new cars—rising prices at the pump could grind some aspects of economic recovery to a halt. After a major price spike in summer 2008, when...Read More»

Nielsen graph: gas prices and spending
Nielsen: With Gas Prices On The Rise, Consumers Are Driving And Spending Smarter

In the summer of 2008, banks were sinking, gas prices were soaring, and the recession was looming. Two-and-a-half years later, the banks have recovered (mostly), the recession is over (mostly), but gas prices have inched back toward record territory. After a steep price drop in the autumn of 2008...Read More»

money
Fewer Auto-Insurance Claims In 2010, Yet Premiums Are Rising

After average auto-insurance premiums for U.S. families have fallen for five straight years through 2009, they're back on the rise. Premiums were up slightly in some parts of the country in 2010, and that goes against a host of indicators that you think would actually be lowering them. According to...Read More»

2011 Chevrolet Cruze crash test
Side Airbags, Economy Woes Countering Distracted-Driving Hazards

Despite ongoing concerns about distracted driving and its negative affects on road safety, road fatalities have fallen by 22 percent from 2005 to 2009. In fact, last year they were the lowest overall since 1954 and the lowest ever when adjusted for miles traveled. How can this be so? According to...Read More»

2010 Dodge Charger
Sign Of The Times: Employee-Leased Vehicles Flood Re-Leasing Market

Work for an automaker—or even a supplier, or have a relative who works for an automaker—and you're likely to have gotten some type of 'plan' discount on your last vehicle. But according to those at the lease-trading marketplace LeaseTrader.com, the auto-related layoffs of the past 18...Read More»

Nielsen's top ten ad categories for the first half of 2010
Do They Know Something We Don't: Automakers, Auto Insurance Ad Spending Soars

During tough economic times, companies often cut back on marketing -- in fact, advertising budgets are frequently the first to shrink when danger looms and the last to expand once the coast clear. As a result, some analysts see ad spending as the equivalent of the canary in the mine shaft: a sign...Read More»

Traffic
With Low Pump Prices, Motorists Dash Worries And Hit The Road

Heading out to the beach, or up to the mountains this weekend? Pump prices aren’t nearly as high as they were this spring, but they’re still enough to make cost-conscious, recession-battered travelers crunch the numbers before hitting the road. At only about 11 cents higher per gallon...Read More»

2009 Volkswagen Jetta Sedan S
Today in Car News: Economics 101, Stalling Jettas, and Diesels

Auto sales may have helped consumer spending in July, but were a small bright spot in some pretty dim economic news. [Detroit Free Press] What car would you lose your job over? We'd choose an XKR Convertible, but--hey, wait--we drive cars for a living! No need to steal! Whew. [Jalopnik] The 2009 VW...Read More»

Cash for Clunkers banner with Mercury Sable, Albany, New York
Cash For Clunkers Leaseholders Already Looking For A Way Out?

Last year the federal government's CARS program—better known as Cash for Clunkers—sparked a frenzy of shopping for smaller, more fuel-efficient cars, retired older guzzlers, and boosted an ailing industry. Now, a year later, it sounds like a significant portion of those people are...Read More»

Teen driving
Trends: Fewer Teens Buying Cars, Younger Motorists Driving Less

It's the peak of summer-job season. And while in the past savings from teens' summer jobs used to often go towards buying a first used car, today it's more likely to go be used for a smartphone, and young drivers are more likely to share the family car—a safer option, anyway—or stay out of the...Read More»

2011 Mercedes-Benz SL Class 2-door Roadster 5.5L V8 Front Exterior View
German Luxury Brands Are Putting On The Blitz

  The global economy is giving mixed signals right now. On the thumbs-down side, unstable unemployment numbers and see-saw stock markets. On the upside, job creation, the return of venture capital, and slowly increasing GDPs (at least in most parts of the world). In the auto industry, GM and...Read More»

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