By Brad Plumer
With oil prices plummeting around the world, gasoline is cheaper than it’s been in years — hitting an average of $2.64 per gallon this week in the United States. And that means SUVs are making a comeback.
“Sales of SUVs and pick-up trucks rose 9.6% last month”
By Brian O’Connell
It’s all champagne and caviar for automakers, as U.S. car, SUV and truck sales are at an eight-year high. Fiat Chrysler reported sales up 20% so far in 2014, while BMW reported an 11% gain through August.
Americans are Driving Them into the Ground! Your car’s odometer showing 50,000 miles? It’s barely broken in. 100,000 miles? Put the pedal to the medal; she’s in her prime.
Hankook Tire America released findings from its Fall Gauge Index, the most recent installment of the quarterly survey. The Fall Gauge asked 998 Americans to weigh in on the latest trends in driving and travel:
Home refueling units, which tap into a house natural gas main and compress the fuel so it can fill a vehicle tank overnight, have been available for years. With natural gas at $1.40 per equivalent gallon, it costs Connie and Travis Jones $30 to drive their Honda Civic GX 1,200 miles (1,930 km) each month, about $130 less than an average gasoline car covering the same distance.
