Here's the Thing

Higher cost of oil nudges pump prices up

(July 14, 2023) WASHINGTON, D.C. —Despite a notable cratering in gas demand in the days since the July 4th holiday, pump prices crept higher over the past week by three cents to reach $3.55. The main culprit is a higher price for oil, which moved from the upper $60s per barrel recently to the mid-$70s.

AAA says prioritize roadway safety before raising speed limits

By Andrew Gross
Manager, AAA Public Relations

(July 14, 2023) WASHINGTON, D.C. — Drivers desiring faster commutes might view a higher speed limit as a boon, but is it always the safest choice? And what about the safety needs of pedestrians, cyclists, and others?  A new study by the AAA Foundation for Traffic Safety finds that raising posted speed limits may do little to save time and increase traffic flow but could lead to more crashes, injuries, and deaths.

June new-vehicle transaction price rise smallest in four years

(July 13, 2023) ATLANTA — The average price Americans paid for a new vehicle in June was 1.6% higher than one year ago, the smallest year-over-year price increase since the start of the global pandemic. According to Kelley Blue Book the average transaction price (ATP) of a new vehicle in June was $48,808, a month-over-month increase of 0.3% ($150) from an upwardly revised May reading of $48,658.

General Motors solidifying its lead in U.S. sales

(July 10, 2023) General Motors is showing that the end of its nine-decade reign as the U.S. sales leader was just a one-year blip, not a groundbreaking shift in the industry's pecking order. For a second consecutive year since, GM is solidly No. 1 at the halfway point. And the automaker is widening its lead over second-place Toyota amid signs that the market is strengthening, according to Automotive News.

Subaru ups Crosstrek's off-roading capability for 2024 model

By Paul Borden

(July 8, 2023) The Subaru Crosstrek moves into its third generation with a new trim added to 2024 models to boost its off-roading capabilities. At 9.3 inches, the 2024 Subaru Crosstrek Wilderness sits a little more than a half-inch higher than the 8.7-inch ground clearance for other Crosstrek trims, and the continuously variable transmission has been revised to give it a little more climbing capability.

Pump prices not affected by holiday surge

(July 7, 2023) WASHINGTON, D.C. — Pump prices barely budged over the past week, despite the expected demand surge due to the July 4th holiday. AAA predicted that more than 43 million people would hit the road to celebrate the nation’s birthday. Despite the record number, the national average for a gallon of gas drifted two cents lower since last week to $3.52.

Edmunds: Car shoppers feeling the heat from scorching finance costs

Record share of consumers take on
$1,000+ monthly car payments

(July 5, 2023) SANTA MONICA, Calif. —  The cost of financing a new vehicle remains at an all-time high as car shoppers search for a new ride this summer, according to the car shopping experts at Edmunds. New vehicle transaction data from Edmunds reveals that the record-breaking financing figures from Q1 were unyielding in the second quarter.

2023 Lexus RZ 450e Luxury

A terrific new Lexus SUV
— if it just wasn't an EV

By Jim Prueter

(July 2, 2023) Lexus has been in the gas-electric hybrid business for almost two decades and now for 2023 the first pure-electric vehicle the RX has arrived. It's built on the same platform as the Toyota bZ4X and Subaru Solterra twins introduced last year, and the my eye they look quite similar, that is until a good look at the window sticker where the Lexus is near a $20,000 bump in price.

This video explains how automakers are creating distracted driving

(July 2, 2023) Everyone rails against distracted driving. Many people believe the greatest cause of distracted driving — which can cause accidents and near accidents — is texting on a cellphone. Eyes off the road even for a few seconds can lead to big trouble. But it seems the biggest cause of distracted driving in 2023 is created by the company that made your car.

Ford fills out truck lineup with compact Maverick pickup

By Paul Borden

(July 1, 2023) Ford resurrected the Maverick nameplate last year but not as a two-door coupe it put out in the early 1970s to compete against the import compacts that were just emerging in the U.S., but rather a small pickup to fill out the company’s truck fleet. Though not a threat to unseat the perennial top-selling full-size F-Series in the Ford stable, the Maverick is holding its own against other compact pickups, including its older company sibling Ranger and Japanese imports.