Lately, gasoline prices have been headed in a favorable direction: Down. But over the last several years — especially in states like California and New York — we’ve seen gas prices walk a line that many U.S. drivers have found angering and nearly unacceptable. In order to counter the effects of higher gasoline prices, automakers have introduced hybrid technology. But is it worth it? Do drivers of hybrid vehicles really benefit from this added technology? The folks at MojoMotors.com, a website designed to track vehicles and price drops at car dealerships, shed some light on how far customers have to drive in order to recoup the premium paid for the hybrid option rather than the standard model. [keep reading]
Owning a hybrid means you’re saving money on gas and being green at the same time, right? You’re practically a model citizen! Not to the state department – they’re losing gas tax revenue. As of this month, Virginia and Michigan have implemented $100 annual fees for hybrid vehicles. North Carolina, Arizona and Oregon are reviewing similar proposals. Read more about it here.
So what do you do? Pay more for a hybrid than a gas-fueled car and then pay an annual fee? If you live in one of the affected states, you’ll probably want to sidestep this new hybrid tax. That’s why you should you consider some of these non-hybrid cars with great fuel economies. [keep reading]
Automotive News reported recently that the Wuling minivan in China is selling like bingzis or whatever the Chinese call hotcakes. Translation: this means they’re selling really darn good. Whilst Americans continue to buy up big trucks, SUV’s and crossovers, don’t be surprised if there’s a renaissance of the minivan. But wait, then why would Dodge drop the Grand Caravan or why would Ford stop building minivans in America altogether? To focus on crossovers where there might be more money to be made.
This might be a premature shift in strategy because there’s still a market for the minivan. Sure, the number of people buying minivans has dropped from about 1.3 million in 2000 to 540,000 in 2011, but so far in 2012, AutoData reports 10.6% growth. Two months the L.A. Times reported that fuel efficiency is what car buyers care about most after a Consumer Reports found 37% of shoppers care about fuel economy. Quality of the car, which should probably be more important came in second at a measly 17%. Gas mileage alone is reason enough why minivans should make a comeback, but keep reading for more. [keep reading]