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Automotive News Archive03-Jan-2008Honda Sued Over Hybrid Mileage Claims Ads and Web promotions overstate fuel savings, suit charges. FTC Clears Oil Industry of 2006 Price Gouging In strong dissent, one commissioner finds 'disturbing conduct.' Feds Probe Ford F-250, F-350, Five Hundred, Freestyle Loss of control plagues trucks, cars have instrument problems. Toyota Delays Third-Generation Prius Safety concerns over new lithium-ion battery delay latest roll-out. Gas Prices Dropping after OPEC Pledge Nationwide average falls to $2.95 per gallon. Midwest prices still high. Gas Above $3 for the Winter Average price up 72 cents over last year. Midsize SUVs Perform Poorly in Side Impacts Jeep Grand Cherokee, Chevrolet TrailBlazer among the worst tested. Hurricane Threat to Gas Prices Passes for Now Disruptions to Mexican production seen as temporary. Exxon Mobil Reports $10 Billion Profit; Gas Prices Drop Nationwide average falls to $2.94 per gallon. Consumers Take Second Look at Hybrids Interest drops as fuel expectations become more realistic.
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