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Gas Prices

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June 13, 2018 - Industry News

Edmunds: Used-Vehicle Prices Hit Record High in Q1

Although shoppers continue to flock toward pricier trucks and SUVs, steadily rising gas prices are beginning to stimulate consumer demand and increase residual values for smaller vehicles.

Tags: Edmunds, Gas Prices, used-vehicle prices, used-vehicle values

January 3, 2018 - Industry News

Gasoline Prices Jump to $2.49 Per Gallon

Photo by Vince Taroc

The national average price of unleaded gasoline jumped 5 cents to $2.49 per gallon in the first week of 2018 and has reached a level not seen since 2014 during the week that starts the new year, according to AAA.

Tags: Fuel Economy, Gas Prices

February 11, 2015 - Industry News

IHS Evaluates Impact of Oil-Price Decline on Global Auto Market

Consumer confidence is expected to continue to rise, resulting in potential shift to larger vehicles in the U.S. and Canada, thanks to low oil prices.

Tags: consumer confidence, Gas Prices, IHS Automotive

January 9, 2015 - Industry News

KBB Predicts 16.9 Million U.S. Sales in 2015

Despite predicting that new-vehicle sales will rise above 2014 levels, the vehicle information site believes 2015 will be the slowest year for sales growth since 2009.

Tags: Gas Prices, Kelly Blue Book, new-vehicle sales, transaction prices

November 4, 2014 - Industry News

SUV Sales Push Transaction Prices Higher

On the strength of SUV sales, average transaction prices for light vehicles rose slightly in October. Leading the way was Ford and its F-Series line of trucks.

Tags: Ford, Gas Prices, KBB, transaction prices

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