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Automotive News Archive04-Oct-2006Some SUV Owners Burning More than Gas A growing number of SUV owners unable to cope with rising gas prices are turning to arson to escape high car payments, according to published reports. Gas Tops $3 in Majority of States Regular gasoline now costs $3.00 a gallon or more in 31 states and the District of Columbia, an increase of four states from last 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. Toyota Tundra Recalled to Disable Front Passenger Airbag Switch In an odd twist of automotive safety, the Toyota Motor Corp. will recall nearly 160,000 Tundra pickups to disable the front-seat passenger airbag cut-off switch because the trucks do not have the required lower anchorage and tethers for children known as the LATCH system. 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. Gas Prices Keep Dropping ... For Now Government report warns of growing demand and tight supplies.
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