July 2022

Lower demand, lower oil prices yield lower prices at pump

(July 19, 2022) WASHINGTON, D.C. — The national average for a gallon of gas fell 15 cents since last week to $4.52. The steady decline is due to lower domestic demand for gasoline at the pump and a much lower global price for oil. The cost of a barrel of oil is in the mid-$90s, down from around $110 two weeks ago.

Kelley Blue Book names best off-road trucks in 2022

(July 18, 2022) ATLANTA — Whether a vacationer's road trip to an exciting destination featuring extreme terrain, or a weekend-warrior's hobby experienced among the local landscape, off-roading is an adventurous pastime enjoyed by many Americans. To help off-road enthusiasts maximize their skills and understand which vehicles they should consider buying, Kelley Blue Book today announces its 17 Best Off-Road Trucks in 2022 – Next-Level Off-Roading.

N model gives Hyundai Sonata edge in mid-size sedan performance

By Paul Borden

(July 14, 2022) Hyundai added the performance-oriented N Line trim to its Sonata portfolio last year, giving it a full range of standard features that makes it one of the more interesting buys in the mid-size sedan segment.

New-vehicle prices set record in June

(July 13, 2022) ATLANTA — The average price paid for a new vehicle in the U.S. in June was the highest on record and marked the first time the average transaction price (ATP) surpassed the $48,000 mark, according to new data released by Kelley Blue Book, a Cox Automotive company. The new-vehicle ATP increased to $48,043 in June beating the previous high of $47,202 set in December 2021. June prices rose 1.9% ($895) from May and were up 12.7% ($5,410) from June 2021.

Despite increase in demand, gas prices keep falling

AAA photo

(July 12, 2022) WASHINGTON, D.C. — Pump prices declined again, falling another 12 cents since last week to $4.67. The dip in the national average for a gallon of gas occurred despite a slight rise in demand, likely due to robust July 4th holiday automobile travel. AAA forecasted that 42 million people would hit the roads for the holiday weekend, a new record.

2022 Genesis G80 Sport Prestige — Suave, sporting, sybaritic

By Jim Prueter

(July 11, 2022) The Genesis G80 Sport is an adrenaline pump of automotive goodness albeit reflecting determined materialism at over $70,000, yet do I dear say it’s an incredible bang for the buck that easily competes with the likes of luxury German heritage brands — Audi, BMW and Mercedes.

2022 Lexus LX 600 — Redesigned, but not reimagined

By David Boldt

(July 10, 2022) Toyota’s upmarket Lexus division has been setting itself apart — from the Germans it emulates and those competitive Japanese brands it annihilates — since its 1989 launch. Although the sheetmetal of that first LS 400 was more than a little reminiscent of the Mercedes S Class, and the ES 250 resembled a tad too much the middle-class Camry, with real quality, honest value and a genuine dedication to doing things differently in the showroom Lexus has romped and stomped (albeit quietly) in the marketplace for three decades. 

Study: More Americans would 'definitely' get electric vehicles

(July 7, 2022) WASHINGTON, D.C. — With gas prices taking a toll on people’s wallets, Consumer Reports (CR) has a new survey of what Americans think about battery electric vehicles (EVs) and low carbon fuels. The nationally representative survey of 8,027 American consumers, which was fielded in late January and February, is the largest national survey sample in the history of CR, the nonprofit consumer research, testing, and advocacy organization.

National gas price average falls to $4.80 as fewer people fuel up

(July 6, 2022) WASHINGTON, D.C. (July 5, 2022)—The national average for a gallon of gasoline fell to $4.80, down eight cents over the past week. The primary reason for the decline is lower demand at the pump as fewer people fueled up over the past two weeks. The lull, however, could end with the arrival of the summer driving season.

2022 Hyundai Ioniq 5 — All-new retro futuristic crossover EV

By Jim Prueter

(July 6, 2022) The all-new all-electric Hyundai Ioniq 5 is the brand’s first purpose-built EV and has just arrived at dealerships – sort of. Hyundai cautions that availability is extremely limited at select, not all dealerships and as of this writing only available in 26 states.