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Automotive News Archive15-Sep-2006Bank Of America Offers Hybrid Rebate to Employees The number two bank in the U.S. plans to offer $3,000 rebates to some employees who buy hybrid vehicles. Banker of America Corp. is now the largest U.S. corporation to offer hybrid incentives. Gas Prices Pushing $3 Again Gasoline prices have reached their highest levels of the year with the average price of regular unleaded gasoline nationwide now standing at $2.94 a gallon and rising. Ethanol Benefits Questioned Ethanol would supply only 12 percent of America's motoring fuel, even if every acre of corn were used to produce fuel and not food, suggesting the fuel is no cure-all for U.S. consumers facing high gasoline prices. Election Looms, Gas Prices Drop; A Tiger in GOP's Tank Did Big Oil panic at prospect of GOP losses in midterm elections? Graduated Driver Licensing Reduces Fatal Crashes Graduated driver licensing programs reduce, by an average of 11 percent, the incidence of fatal crashes among 16-year-old drivers, according to a study by researchers from the Johns Hopkins Bloomberg School of Public Health. Gas Prices Slip 4 Cents Gasoline prices are creeping down ever so slowly as the heavy summer driving season gets underway. Chevy Impala, Toyota Avalon Tops in Side Impacts The redesigned Chevrolet Impala and Toyota Avalon equipped with standard side airbags earned top ratings of "good" in side crash tests that simulate an impact from an SUV or pickup truck, according to the Insurance Institute for Highway Safety. 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. Gas Prices Rise Like a 4th of July Rocket The average price for a gallon of gasoline in creeping toward $3 again with drivers now paying an average $2.93 for regular as the Fourth of July holiday comes to an end.
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