Here's the Thing

Despite high demand for gas, pump prices hold steady for week

(November 5, 2019) Gasoline demand numbers look more like summer than fall in the Energy Information Administration’s (EIA) latest reports. However, despite the high demand rate and a draw in U.S stocks, the national average held steady on the week at $2.60, according to AAA.

“Gas prices continue to fluctuate across the country, though on the week the majority of states saw prices only increase or decrease by one or two cents,” said Jeanette Casselano, AAA spokesperson.

Auto loan interest rates stay below 6 percent for 4th month in row

(November 5, 2019) SANTA MONICA, Calif. — The average interest rate for a new-vehicle loan stayed under 6% for the fourth month in a row in October, according to the car shopping experts at Edmunds. The annual percentage rate (APR) on new financed vehicles averaged 5.7% in October, compared to 5.7% in September and 6.2% in October of 2018.

Edmunds experts say car shoppers found much better financing offers this year compared to last October, when interest rates spiked above 6% and stayed there through the first six months of 2019.

Average new-vehicle prices up nearly 3 percent year-over-year, Kelley says

(November 4, 2019) IRVINE, Calif. — The valuation analysts at Kelley Blue Book today reported the estimated average transaction price for a light vehicle in the United States was $38,259 in October. New-vehicle prices increased $1,064 (up 2.9%) from October 2018, while decreasing $141 (down 0.4%) from last month.  

"Average transaction prices were generally favorable for most automakers, as the industry average climbed 3% year-over-year, partially due to the shifting sales mix from cars to trucks and SUVs," said Tim Fleming, analyst for Kelley Blue Book.

2020 Mercedes GLC — The class leader of compact luxury SUVs

By Jim Prueter
MotorwayAmerica.com

(November 3, 2019) Given Americans’ infatuation and craze for SUVs, it isn’t surprising that the Mercedes-Benz GLC recently replaced the C-Class sedan as the brand’s best-selling vehicle. Since replacing the outgoing GLK compact SUV back in 2016, GLC has received only mild updates. Now, for 2020, the GLC gets a heavy mid-cycle refresh that includes new front and rear styling, upgraded technology and expanded safety systems.

Pump prices are a treat for majority of motorists

(October 30, 2019) The national gas price average dropped by four cents on the week to $2.60, despite a jump in gasoline demand and a draw in gasoline stocks. That is the largest one-week decrease since gas prices started to increase more than six weeks ago. Today’s average is a nickel cheaper than last month and 21-cents cheaper than last year at this time.

TransCore introduces RV Toll Pass with nationwide coverage

(October 29, 2019) NASHVILLE, Tenn. — TransCore announced a new product that allows RVers to travel across the country using only one transponder to pay tolls electronically without stopping at a toll booth. RV Toll Pass will change the way RVers travel across the country through different tolling jurisdictions.

RV Toll Pass, with TransCore’s multi-protocol National Pass technology, is available for all RV configurations, including motor homes and trailers and allows users to be tolled at the electronic rate, which is typically lower than the cash or video toll rate.

2020 Volkswagen Jetta GLI — Just plaid seats shy of excellent

By Jim Prueter
MotorwayAmerica.com

(October 28, 2019) Last year, Volkswagen redesigned its popular compact Jetta sedan, now in its seventh-generation. Jetta first arrived on the scene back in 1979 as the sibling to the Rabbit/Golf hatchback and immediately became a favorite for those buyers who long for the look, performance and driving feel of German engineered vehicles without spending the big bucks for the likes of a Mercedes-Benz, Audi or BMW premium sedan.

AAA finds number of licensed teen drivers on the rise

(October 26, 2019) WASHINGTON — More than 60% of teens got their driver’s license before the age of 18, according to new research from the AAA Foundation for Traffic Safety. An 11% increase since 2012. The new report reveals a changing trend in teen licensure from when the Foundation first evaluated the issue in 2012. At the time, the country was just emerging from a recession and many young people cited their family’s inability to afford the high cost of driving as a reason why they did not obtain their license sooner.

2020 Mitsubishi Outlander still well behind the competition

By Jim Prueter
MotorwayAmerica.com

(October 25, 2019) If you’re thinking that you weren’t even aware Mitsubishi was still in the U.S. car business, you wouldn’t be alone. With outstanding competitors from the likes of Honda, Mazda and others, Mitsubishi doesn’t exactly have top-of-mind awareness among consumers shopping for a new vehicle.

Interested in a big truck? GMC might have the one for you

By Paul Borden
MotorwayAmerica.com

(October 24, 2019) The GMC Sierra 2500HD AT4 is a big truck. It’s also a beautiful truck and a very utilitarian vehicle, but your first impression is pretty much going to be, “Wow. This is a big truck.”

This is not the kind of truck you likely would want for runs to the local home improvement store to pick up a load of sod. This one you’d use for bringing back a load of trees for your landscaping project. Big trees.