Here's the Thing

Does investing in classic cars offer a better return than the stock market?

(July 14, 2018) A new graphic from Kwik-Lift proves investing in a classic or will-be classic car can offer a better return than sinking your money into the stock market. Based on five of the most expensive vehicles Barrett-Jackson sold in January 2018, the folks at Kwik-Lift ran some numbers and verified that collector cars are indeed a solid investment.

Albuquerque repeats as having most auto thefts per capita

(July 12, 2018) DES PLAINES, Ill. — The Albuquerque, N.M., metropolitan statistical area (MSA) repeats as having the highest per capita auto theft rate in 2017, according to the National Insurance Crime Bureau's (NICB) latest Hot Spots report. Hot Spots examines vehicle theft data obtained from the National Crime Information Center (NCIC) for each of the nation's MSAs.

Bosch and Daimler's automated driving 'pilot city' to be in California

(July 11, 2018) STUTTGART, Germany — Bosch and Daimler are speeding up the development of fully-automated and driverless driving in the city and are decisively setting the course. The partners have chosen Silicon Valley in California as the pilot location for the first test fleet. In the second half of 2019, Bosch and Daimler will offer customers a shuttle service with automated vehicles on selected routes in a Silicon Valley city.

WalletHub picks best and worst cities to drive in

(July 10, 2018) Most Americans rely on cars to get around. According to the Bureau of Transportation Statistics, “87 percent of daily trips take place in personal vehicles.” And even with growing access to public transportation in U.S. cities, most people still choose to travel by car, mainly for reasons such as “comfort and reliability.”

Gas prices on the rise as demand remains strong

(July 10, 2018) The national gas price average is $2.87, which is a penny more expensive on the week. Pump prices in nearly 30 states are seeing a jump of as much as eight cents, a dozen states saw prices drop and another dozen states’ gas price averages remain stable from last Monday, according to weekly statistics compiled by AAA.

Volkswagen Passat SEL Premium fighting tough battle in shrinking segment

By Paul Borden

(July 9, 2018) The midsize family sedan may be a dying breed with the
public’s infatuation with crossovers and smaller SUVs at least putting it on life support, but, with the exception of Ford, apparently that doesn’t mean automakers are giving up on the genre.

Mazda takes a giant step toward HCCI

By Christopher A. Sawyer
The Virtual Driver

(July 9, 2018) HCCI, Homogenous Charge Compression Ignition, is the holy grail of internal combustion in that gasoline engines would run like diesels on compression ignition, at much higher efficiency levels, and with lower pollution. The basic problem with HCCI, however, has been the inability to control the combustion process under changing conditions. Leave it to the boffins at Mazda to take a look at the problem from a less theoretically rigid angle to create a workable solution.

The Mustang powerslide guide

(July 7, 2018) The Internet is filled with various epic Mustang powerslide fails, so the team at EuroSport Tuning decided to create the Should You Powerslide Your Mustang? Decision Tree. This handy chart gives Mustang owners enough time to pause and ask themselves a few vital questions before maiming a curb, ripping off a bumper cover, tapping a few innocent bystanders or worse.

"Why are there so many powerslide mess-ups in Mustangs? Possible contributors could be a heavy engine, short wheelbase, and some have an open rear differential,” says Frank Derks, director at EuroSport Tuning.

Edmunds: Auto loan interest rates hit nine-year high in June

(July 5, 2018) SANTA MONICA, Calif. — Auto loan interest rates in June are expected to climb to their highest level since 2009 for the second month in a row, according to Edmunds. The annual percentage rate (APR) on new financed vehicles averaged 5.82 percent in June, compared to 4.96 percent in June 2017 and 4.10 percent in June 2013.

Edmunds analysts point to the most recent Fed rate hike as a contributing factor, and note that June marks a 17 percent total increase since January 2018, when APRs averaged just below 5 percent.

Independence Day holiday gas prices highest in four years

(July 4, 2018) At $2.86, gas prices are at their highest point for an Independence Day holiday in four years. However, for the nearly 40 million motorists expected to travel this week, they will find prices at the pump 11-cents cheaper than this past Memorial Day holiday, according to AAA's weekly statistics.

“The national gas price average has held fairly steady for the past 10 days, suggesting that U.S. demand is keeping pace with supply and stabilizing summer gas prices,” said Jeanette Casselano, AAA spokesperson.