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Automotive News Archive30-May-2006Gas Prices Hold at Just Under $3 a Gallon Gasoline prices are holding at just under $3 a gallon throughout most of the country but may be trending down soon, according to the newly released Lundberg Survey. Alternative Fuel Not Hard to Find Work by experts from The Earth Institute at Columbia University suggests that relatively low-cost alternatives already exist to meet the country's' growing energy demand that would at the same time reduce the need to rely on oil supplies from the Middle East and Latin America. Feds Probe Toyota Pickup, SUV Suspension Failures Toyota pickup trucks and SUVs are the focus of a National Highway Traffic Safety Administration (NHTSA) recall query because of reports that the front suspension ball joints may come apart. Toyota trucks that are included in the investigation are the 2002-2004 Tundra, and Sequoia, 2001-2004 Tacoma and 2001-2002 4Runner. Oil Prices Retreat For Third Day For U.S. consumers, $3 a gallon may be the "ouch" level, the price at which they take steps to reduce their purchases of gasoline. Online Car Sale Scams Roll On Scammers continue to use online automotive and auction sites to cheat would-be car buyers out of thousands of dollars. Gas Prices Don't Slow Gas Guzzler Sales With U.S. gasoline prices racing back to record highs, consumers are still buying big, gas-guzzling engines, at least for now. New Government Rules May Fuel Gas Prices New Federal rules requiring oil companies to replace an emissions-reducing chemical added to gasoline with ethanol could spark shortages and lead to $3 a gallon gasoline again, according to a U.S. Energy Department assessment. Gas prices are already rising quickly, with the national average now above $2.50 a gallon. California Subpoenas Oil Refiners California Attorney General Bill Lockyer says he will subpoena documents from all 21 California oil refineries to determine whether they are profiteering and gouging consumers. Companies targeted by the subpoenas will include ChevronTexaco, ExxonMobil, ConocoPhillips, Valero, Shell, BP and others. Hybrid Sales Slow, Automakers Worried Slowing sales of several gasoline-electric hybrid vehicles have automakers worried. Honda is on the verge of cutting production of its hybrid Accord and perhaps discontinuing the ground breaking Insight, the first hybrid sold in the U.S. Hot-Selling GM Products No Bargain for Consumers What is good for General Motors these days may not necessarily be good for the automotive consumer. Take a look at two hot GM products currently making money for the struggling automaker -- the Chevy Tahoe and the SUV sold as the Chevy Suburban, GMC Yukon XL and Cadillac Escalade.
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