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Higher gas prices are beginning to bite in new and unusual ways. Not only are prices going up at the pump, but they are being propelled upward for smaller, fuel efficient vehicles on used car lots nationwide. Here's why.
It happens like clockwork with every oil price shock -- drivers search for a wonder engine additive that will help their gas mileage. But can any of the engine additives currently on the market substantially increase gas mileage?
Buying a new car can be a stressful experience: The process is expressly designed by car dealers to separate you from as much of your money as possible. However, if you're patient, prepared, and persistent, you can beat the dealers at their own game.
Akerson, who assumed the post Sept. 1, will also receive a portion of his salary in the form of stock, totaling $5.3 million, which will be paid out over three years beginning September 2011.
General Motors reported Wednesday that sales fell 25% in August, as consumers held back from buying autos amid the lackluster economy. For the month, GM said it sold 185,176 vehicles, compared to 246,479 a year ago, a decline of 24.9%. Among its four core brands -- Chevrolet, GMC, Buick and...
Auto sales braked sharply in August, starting out strong, then slowing to a level that may be the lowest in 28 years. The weak economy made nervous consumers hesitant to buy, despite the bevy of end-of-model-year deals.
The new Explorer will be more aerodynamic and with a more refined interior. It should deliver fuel-efficiency improvements of at least 25% compared with the outgoing model.
Toyota is reportedly preparing to recall at least 311,000 2010 Priuses to fix a problem with their brakes. Unlike the mechanical issues which led to the two recent recalls of 8 million Toyotas for unintended acceleration, the problem with the Prius is apparently a software issue.
Ford Motor added more feathers to its cap Monday by sweeping two industry awards. It's Fusion Hybrid mid-sized sedan was named 2010 North American Car of the Year, while its Transit Connect fleet vehicle took truck of the year.
December may go down as one of 2009's better months for car sales thanks to a late rush by bargain-hunters. A major factor is a big sale by Pontiac and Saturn, which comes as General Motors prepares to shut down the struggling brands.

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.10-0.09
-1.04%
149.19M
ALU
Alcatel-Lucent (ADR)
2.20+0.26
+13.40%
94.27M
PBR
Petroleo Brasileiro S.A. (ADR)
29.60-2.39
-7.47%
23.82M
GE
General Electric Company
18.92-0.22
-1.12%
23.49M

% Gainers

CIE
Cobalt International Energy
32.67 +8.77
+36.69%
13.67M
LNKD
LinkedIn Corp.
88.72 +12.33
+16.14%
8.26M
ALU
Alcatel-Lucent (ADR)
2.20 +0.26
+13.40%
94.27M
WNS
WNS (Holdings) Limited (ADR)
10.56 +1.16
+12.34%
2.64M

% Losers

KV-B
K-V Pharmaceutical Co. Class B
2.16-0.47
-17.87%
3,679
KV-A
K V Pharmaceutical Co. Class A
2.17-0.44
-16.86%
1.06M
NBG-A
National Bank of Greece SA (ADR)
5.71-1.04
-15.41%
79,114
OC-B
Owens Corning (Warrant) 'B'
2.27-0.38
-14.34%
12,194
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