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According to an article published earlier this week in The New York Times, something people would have thought impossible a few years ago, when the price of gasoline as well above $4 a gallon, has been happening of late. U.S. oil refineries have been closing. There hasn't been a refinery built in this country since 1979, but a prolonged drop in the demand for gasoline by U.S. motorists over the last few years has produced excess refining capacity that is being idled. The lengthy recession is credited with much of the slump in demand, but more fuel-efficient vehicles could be playing a role as well. ...more
December 30, 2009
"Cash for Clunkers" may have ended, but some retailers are piggybacking on the popular federal car rebate program, offering their own deals with a clunker twist. ...more
September 11, 2009
The Obama administration will suspend the "cash for clunkers" program unless the Senate provides $2 billion more for the popular car incentive plan, Transportation Secretary Ray LaHood said Sunday. ...more
August 2, 2009
Scott Atherton, President and CEO of the American Le Mans Series, will be the featured speaker and give the Opening Address in Washington, D.C. Wednesday, February 4 at the SAE International's Government Industry Meeting breakfast. Atherton's address will focus on the cooperative efforts of the American Le Mans Series with government agencies, SAE International and the automobile industry to develop alternative fuel solutions and new automotive technologies to create more fuel-efficient vehicles and reduce harmful emissions. ...more
February 2, 2009
Auto manufacturers may have to revamp the cars and trucks they sell in Florida to meet a tough new emissions standard that state regulators adopted today. ...more
December 2, 2008
On Tuesday, the cost of unleaded gas hit less than $2 a gallon and county drivers talked about whether to continue with conservation. ...more
November 19, 2008
Democratic leaders in Congress asked the Bush administration Saturday to provide more aid to the struggling auto industry, which is bleeding cash and jobs. ...more
November 9, 2008
Chrysler LLC said Tuesday it will put an electric car on sale in North America in 2010, revealing that despite missing out on the buzz surrounding the Chevrolet Volt, it is neck and neck with General Motors Corp. in the race to put a mass-produced electric vehicle on America's roads. ...more
September 24, 2008
With gas prices still near record highs, the economy in a slump and continued trouble in the credit markets, just about everybody expects August vehicle sales to be down significantly from a year ago. ...more
August 30, 2008
It seems like an easy solution: Americans are looking for more fuel-efficient vehicles, so Ford Motor Co. is bringing over some of the small, gas-sipping cars it's been selling to Europeans for years. ...more
August 29, 2008
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