Cars
Car Prices Hit Record Highs in the U.S., Average Transaction up 7% from Last Year
The U.S. auto market is gaining momentum after the recession which led to the bankruptcy of the General Motors and Chrysler groups, but so are median car prices. According to TrueCar.com, the average transaction price for new light vehicles in the States reached $30,748 in March 2012, an increase of $1,977 or 6.9 percent from March 2011 and $143 or 0.5 percent from February 2012.
Most analysts seem to agree that one of the reasons why average prices are on a rise is that automakers are constantly reducing big cash-back offers and other incentives.
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Oil Could Sink Below $25 By Early 2009 Sending U.s. Gas Prices Below $1!
Isn't amazing how things can change in a few months? You all remember what happened in July this summer when crude oil prices reached a record-breaking $147 a barrel pushing average prices at the U.S. pumps over $4.10 a gallon. Well, now Merrill Lynch...
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Average U.s. Gas Prices Drop Below 3$ A Gallon
Fortunately for us, as crude oil prices tumble down so do gas prices - or at least in the States. According to the American Automobile Association (AAA), for the first time since February 2008, the average price of regular unleaded gasoline fell under...
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U.s. Avg. Gas Prices Hit Yet Another Record At $3.718
The national average price for a gallon of regular gasoline in the U.S. has hit yet another record today (Monday, March 12, 2008) at $3.718 according to a report from the AAA. Same goes for the mid-grade and premium gasolines which sell for $3.949 and...
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Auto Incentives Higher Than Believable
Tough times are upon us. Today's children will grow up linking "stimulus package" to any thing that needs assistance. House values are shrinking. Home sales are down. Retail stores are suffering. Vehicle sales are tumbling. Uh-oh. With sensitivity...
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Us Car Sales Results To Be Bad For 02/08
Analysts believe the auto sales in America were likely 8% lower last month than in February of 2007.  It's worse for General Motors where the expected drop is 12%.  It's worse than that for Ford and Chrysler, with predictions for the...
Cars