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As fuel prices stay persistently high, retail buyers are shying away from new and used sport/utility vehicles, triggering a softening of resale values in the whole-sale market. Retail demand for new SUVs declined dramatically during the summer by as much as 20-30 percent.
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LONDON --- Ford of Europe has named Jan Brentebraten to oversee Ford's flexifuel and alternative fuel vehicle sales and marketing activities in Europe at a time when the company is introducing the technology to more and more markets.
Read More →Speaking to reporters yesterday, House Transportation and Infrastructure Chairman Bill Shuster argued that both Congress and President Obama lack the political will to increase federal fuel taxes to pay for funding the next highway bill.
Read More →WASHINGTON - The agencies announced they will begin the process of developing tougher greenhouse gas and fuel economy standards for passenger cars and trucks built in model-years 2017 through 2025.
Read More →Drivers of diesel trucks spent an average of $8.40 more this week than last week to fill their tanks. A report by the Department of Energy states that the average price of a gallon of diesel continued to climb this week, reaching $1.323 per gallon on April 8, which is 2.8 cents above last week at this time and 16.9 cents above the price six weeks ago.
Read More →PHOENIX - The Renewable Fuels Association's 16th annual National Ethanol Conference, scheduled for Feb. 20-22 in Phoenix, will offer test drives of General Motors' new cars and crossovers capable of running on E85 fuel.
Read More →NEW ORLEANS --- The American Transportation Research Institute (ATRI), the trucking industry's research group, today unveiled its list of the top ten critical issues facing U.S. truckers.
Read More →JUNEAU, Alaska --- Alaska Gov. Sarah Palin has proposed a plan to give each Alaskan resident $1,200 to offset soaring energy costs, the Associated Press reported.
Read More →SEATTLE, WA --- CleanScapes Inc., a new waste-management contractor for the city of Seattle, has contracted Clean Energy Fuels Corp. to build and operate a compressed natural gas (CNG) station and provide fuel for CleanScapes' 40 new CNG-powered refuse trucks.
Read More →WASHINGTON – The Obama administration announced new fuel-economy and emissions standards for heavy-duty trucks and buses, heavy-duty pickup trucks and vans, and vocational vehicles.
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