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The leader of a trade group that represents most major automakers called on the federal government to eliminate its gasoline tax and replace it with a vehicle fee to finance road infrastructure needs. Alliance for Automotive Innovation CEO John Bozzella, whose group represents automakers such as General Motors, Toyota, Volkswagen, Hyundai and other leading car […]
Nissan’s logo is illuminated on a prototype of its new all-electric Ariya crossover. Nissan’s Z Proto performance car is reflected in the vehicle’s grille, while a redesigned Nissan Pathfinder SUV sits in the background. Michael Wayland / CNBC Nissan Motor plans to introduce a new type of hybrid to the U.S. market that drives like […]
US gas prices fell below $3 on Tuesday for the first time since May 2021, according to AAA. The national average price for regular gas dropped to $2.998 a gallon, down from $3.001 the previous day, according to the fuel price tracker. It was also down from $3.036 a month ago and $3.05 this time […]
Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from the previous quarter’s level. The earnings snapshot from the largest US oil producer is closely watched for clues on how the broader oil sector will fare when companies begin releasing quarterly results in a few weeks. Benchmark […]
Owners of electric cars in Vermont recently got a letter from the Department of Motor Vehicles with some bad news. Starting Jan. 1 they would have to pay $178 a year to register their cars, twice as much as owners of vehicles with internal combustion engines. In imposing the higher fee, Vermont became the latest […]
Average US gasoline prices fell below $3 a gallon for the first time in over three years on Monday, extending a run of bargains at the pump for consumers who have faced soaring inflation in recent years. Fuel prices have been declining steadily since the end of the peak summer driving season, helping boost consumer spending even […]
