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Automotive News Archive30-Sep-2006Gas Prices Up 2 Cents Despite Oil Price Drop Crude oil prices are down slightly from record highs but consumers are still paying for the oil price spike when they fill up. Toyota Builds More Efficient Gasoline Engines Toyota, already the world leader in gasoline-electric hybrid vehicles, says it has designed a new family of fuel-efficient gasoline-powered engines that will be cleaner and more efficient than their predecessors. 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. A New Gas Price Record, Maybe The national average for regular self serve gasoline has reached the highest price in 25 years according to the latest nationwide Lundberg Survey but the AAA tracking report posts the price just below the record AAA recorded following hurricane Katrina. Hummer Sales Up as General Motors Withers May was almost a horrible sales month at General Motors but not quite -- thanks to the Hummer. It seems that a hardy band of 4,737 people ignored or thumbed their noses at rising gasoline prices and bought a Hummer. Bank 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. 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. 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. Election Looms, Gas Prices Drop; A Tiger in GOP's Tank Did Big Oil panic at prospect of GOP losses in midterm elections?
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