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Automotive News Archive12-Aug-2006Gas Prices May Have Bottomed Out U.S. gas prices are posting only small declines as the price of ethanol used as a summer-time additive joins international oil near record highs. Crude Oil Declines but Gas Prices Hold Steady Gasoline prices are holding steady despite a decline in crude-oil prices which have dropped below $70 a barrel. Gas Prices Up 2 Cents Despite Oil Price Drop Crude oil prices are down slightly from record highs but consumers are still paying for the oil price spike when they fill up. Toyota Beats Ford in July Sales More U.S. consumers bought Toyotas than Fords in July making the Japanese automaker number two in U.S. sales behind General Motors for the first time. Rising Gas Prices Cutting into Spending, Survey Finds More than half of Americans are driving less and cutting back on household spending because of rising gasoline prices according to a new poll by Quinnipiac University in Hamden, Connecticut.
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