(July 28, 2015) ARLINGTON, Va. — A new report released Monday  by American Trucking Associations projects freight volumes will increase by nearly 29 percent over the next 11 years.

"The outlook for all modes of freight transportation remains bright," said ATA Chief Economist Bob Costello in releasing U.S. Freight Transportation Forecast to 2026.  "Continued population growth, expansion of the energy sector and foreign trade will boost trucking, intermodal rail and pipeline shipments in particular."

(July 27, 2015) WESTLAKE VILLAGE, Calif. — The U.S. new-vehicle retail seasonally adjusted annualized selling rate (SAAR) in July is expected to reach 14 million units, its highest level for the month since 2005, according to a monthly sales forecast from J.D. Power and LMC Automotive.

The new-vehicle retail SAAR in July is nearly 500,000 units higher than July 2014 and is the strongest July since 2005 when the SAAR reached 16.7 million driven by automakers’ “employee pricing for everyone” promotions.

(July 27, 2015) PLYMOUTH, Mich. — The winners of the 14th annual North American Concept Vehicle of the Year Awards were announced this weekend during a ceremony held at the Concours d’Elegance of America at St. John’s. The Ford GT was named Most Significant Concept Vehicle of 2015.

(July 23, 2015) WESTLAKE VILLAGE, Calif. — The safety-related technologies that manufacturers are increasingly equipping their new vehicles with are making those vehicles more appealing to their owners, according to the J.D. Power 2015 U.S. Automotive Performance, Execution and Layout (APEAL) Study released Wednesday.

(July 22, 2015) SANTA MONICA, Calif. — Millennial car buyers opt to lease their vehicles at a higher rate than the overall car buying population, according to a new analysis from Edmunds.com. The finding suggests that millennials are more willing than older adults to sacrifice the long-term financial benefits of car ownership to get into bigger or more luxurious vehicles that are typically more affordable through leasing.

According to Edmunds’ analysis of car registration data provided by Polk, leasing has accounted for 28.9 percent of all new car purchases by Millennials (age 18-34) in 2015.

By Alina Comoreanu
WalletHub

(July 22, 2015) Speed kills. We have all been told that since driver’s education class, and yet America drivers routinely exceed the speed limit. Before you underestimate the danger of exceeding the speed limit, consider that in 2013, speeding was a factor in 29 percent of motor vehicle crash deaths. Speeding is costly, too.

The National Highway Traffic Safety Administration estimates that the annual economic cost to society of speeding-related crashes is $40.4 billion.

(July 22, 2015) GREENVILLE, S.C. — Michelin and Sears are celebrating 50 years in business together. In that half-century, Sears has sold more than 135 million Michelin tires, more than any other retailer.  Sears was also instrumental in bringing radial tires to U.S. customers in 1965, when it signed an agreement to sell Michelin Radial tires under the Allstate trademark, even before Michelin opened its first manufacturing sites in North America.

(July 21, 2015) WASHINGTON — Despite regional volatility, the national average price for regular unleaded gasoline has remained relatively stable over the past 30 days. Monday's average price of $2.76 per gallon represents the lowest average for this date since 2010 and is down nearly a nickel per gallon compared to the 2015 peak price reached on June 15 ($2.80), according to AAA's weekly report.

(July 21, 2015) IRVINE, Calif. — The experts from Kelley Blue Book, kbb.com, have assembled their list of the 10 best lease, financing and cash back deals for new cars available in July from a variety of auto manufacturers.

"This month's list of standout deals includes some smart fuel-sippers, a couple SUVs, full-size sedans and a pickup truck," said Jack R. Nerad, executive editorial director and executive market analyst for Kelley Blue Book's KBB.com.