Fuel prices hit highest average in eight years
Last week, fuel prices reached a level not seen since 2014, surging to a national average of $3.44 per gallon. The prices have risen based on poor weather and tense...
TSLA404.93016.03%
GM82.0704.02%
F12.9850.545%
RIVN17.2950.405%
CYD42.9850.6631%
HMC25.2950.935%
TM219.0556.195%
CVNA390.49028.24999%
PAG163.2707.25%
LAD288.12013.25%
AN208.80010.51%
GPI352.76017.28%
ABG213.8959.805%
SAH71.0703.7%
TSLA404.93016.03%
GM82.0704.02%
F12.9850.545%
RIVN17.2950.405%
CYD42.9850.6631%
HMC25.2950.935%
TM219.0556.195%
CVNA390.49028.24999%
PAG163.2707.25%
LAD288.12013.25%
AN208.80010.51%
GPI352.76017.28%
ABG213.8959.805%
SAH71.0703.7%
TSLA404.93016.03%
GM82.0704.02%
F12.9850.545%
RIVN17.2950.405%
CYD42.9850.6631%
HMC25.2950.935%
TM219.0556.195%
CVNA390.49028.24999%
PAG163.2707.25%
LAD288.12013.25%
AN208.80010.51%
GPI352.76017.28%
ABG213.8959.805%
SAH71.0703.7%
fuel prices
Hurricane season and its impact on auto players
Hurricane Ida swept across many Gulf Coast states through the northeast leaving a path of destruction, displacements, and power outages in its wake. Storms continue to hit the southern states...
Low fuel prices here to stay, according to AAA report
A report from the American Automobile Association on September 8, the average gas price nationally between Memorial Day and Labor Day was $2.15 per gallon. That’s the lowest it has...
Oil Prices Expected to Rise to $60 in 2021 – What Does it Mean for the Auto Industry?
After hitting an all-time low earlier in 2020, crude oil prices are expected to rise to more normal levels in the first half of 2021. Bank of America says in...
Oil Prices Suppressed by Low Demand, How Auto Retail May React
American oil prices have rallied back from an all-time low of negative $37.63 per barrel for May futures on West Texas Intermediate (WTI) crude on April 20th. At that price,...
A Love of Driving: How Restricted Air Travel Will Boost the Car Business
Air traffic volumes have tumbled much worse than the auto industry’s decline comparatively. Year over year, TSA screening volumes for April 2020 were 96 percent less than in April 2019....
Vehicle Sales Especially Trucks Stronger than Expected
When the March sales figures were released, the alarm bells sounded across the automotive industry. March new vehicle sales contributed to an overall quarterly decline of 27 percent year over...
The Correlation Between Fuel Prices and Auto Sales
The automotive retail industry has ebbs and flows, no question. The national and global economies are factors in year-to-year fluctuations, and new model releases have an impact also. But there’s...
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