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By
High Gear Media Staff,
The second installment in Hyundai’s drive to rebrand its entire European range has begun. Hot on the heels of the i30 compact hatchback comes the i10 city car, due in dealerships from March. At just 140.4 inches...
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By
High Gear Media Staff,
Ford, which is struggling financially after losing $12.7 billion last year, moved closer to selling its Jaguar and Land Rover brands last week as it confirmed a number of "third parties" had submitted bids to...
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By
High Gear Media Staff,
There are more details on the upcoming VW Jetta clean diesel model due in the U.S. next year. Volkswagen confirms that the Jetta sedan will be the first of the company’s vehicles to get its new clean diesel...
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By
High Gear Media Staff,
Gas prices jumped 11.5 cents last week to come within a half-cent of the all-time, inflation-adjusted high price. The Energy Information Administration (EIA) reports that the average price of a gallon of gas has...
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By
High Gear Media Staff,
DaimlerChrysler AG managed to more than double its net earnings during the first quarter, despite a $2 billion operating loss at the struggling Chrysler Group. During the first quarter ending in March, the...
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By
High Gear Media Staff,
Despite a record profit of $13.8 billion profit in fiscal 2007,Toyota executives said they expected the pace of growth to slow, perhaps dramatically, this year. President Katsuaki Watanabe told journalists in Tokyo...
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By
High Gear Media Staff,
Trilby Lundberg’s biweekly survey of gas prices nationwide has some unwelcome news for drivers. The Lundberg survey says we’re now paying the highest prices ever for gasoline on average across the nation —...
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By
Bengt Halvorson, Deputy Editor
In recent days, U.S. motorists have been hit very hard at the pump. Nationwide, the price of gas remained at $2.971 per gallon for the week ending Monday, according to the Energy Department, which is more than five...