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Automotive News Archive30-Jul-2006Must-Have Safety and Convenience Features for New Car Shopping When buying a car, certain safety and convenience features can make a dramatic difference for your safety and overall enjoyment, according to Consumer Reports car experts in the organization's current issue of New Car Ratings and Reviews 2006. Gas Prices Subside 2.5 Cents Retail gasoline prices fell 2.5 cents over the last week to $2.87 a gallon and that is the lowest level in six weeks. Porsche Takes J.D. Power Win Porsche came in first, winning the top spot in the J.D. Power and Associates 2006 survey of initial vehicle quality. Porsche beat out Lexus, last year's winner. Hyundai moved up, way up, to third. Toyota Hybrid Tax Credit to Decline as Sales Climb For consumers considering a Toyota Prius, now is the time to act. The hefty federal tax credit attached to the hybrid will soon go down and the amount a consumer can pocket could well decline before clearing the ample waiting list at a nearby Toyota dealer. Chrysler Sets Off Summer Car Sales War Chrysler plans to offer an employee-discount program for consumers beginning July 1, marking the first volley of what is almost certain to be another summer long new-car price war. House to Vote on Ethanol Subsidy Facing a Fourth of July recess crowded with constituents angry over rising gasoline prices, the House of Representatives plans to vote on a bill to use fuel economy fines to subsidize installing ethanol pumps at some filling stations. Imports Beat Domestic Auto Sales Through May It wasn't too long ago that Ford and GM were arguing about who was No. 1 in sales. There's no argument anymore. Foreign-based auto brands captured more than 50 percent of U.S. sales to consumers in the first five months of 2006 according to the latest vehicle registration data from R.L. Polk & Co. More Trouble for Popular Jeep Grand Cherokee The DaimlerChrysler Jeep Grand Cherokee is facing a second recall in a week. Study: Auto Buyers Responding to Low-Interest Loans Low-interest incentive programs appear to be resonating with consumers, according to real-time retail transaction data from the Power Information Network (PIN), a division of J.D. Power and Associates.
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