DailyFinance.comhttp://www.dailyfinance.comDailyFinance.comhttp://o.aolcdn.com/os/df/2013/img/2-dailyfinance_logo_m.pngDailyFinance.comhttp://www.dailyfinance.comen-usCopyright 2013 Weblogs, Inc. The contents of this feed are available for non-commercial use only.Blogsmith http://www.blogsmith.com/Chrysler Shares Could Soon Be On the Market Againhttp://www.dailyfinance.com/2013/03/01/chrysler-shares-could-soon-be-on-the-market-again/http://www.dailyfinance.com/2013/03/01/chrysler-shares-could-soon-be-on-the-market-again/http://www.dailyfinance.com/2013/03/01/chrysler-shares-could-soon-be-on-the-market-again/#commentsFiled under: ,

Chrysler world headquarters

Sergio Marchionne, the CEO of Chrysler and Fiat, is nothing if not cagey. When he outmaneuvered the White House in 2009 to strike a great deal to take over Chrysler with U.S. government loans, it was considered a forgone conclusion that he would eventually take the company public in an initial public offering. Now, the CEO says the odds of an IPO are merely 50-50.

Marchionne says an IPO will be most likely if Fiat can't buy out the 41% stake in Chrysler held by the United Auto Workers health care trust. But, says Marchionne, he would prefer to see the Auburn Hills, Mich., automaker merge completely with Italian automaker Fiat. Marchionne has been CEO of both companies since Chrysler emerged from bankruptcy in 2009.

"My preference is to be one single company," Marchionne told reporters in Kokomo, Ind., on Thursday. "We belong together." Over the last four years, the two automakers have been blending their operations as Fiat has increased its stake in Chrysler, he noted. And the combination of the two automakers' product development and design has yielded superior financial results, as well as a group of new vehicles that have been met with enthusiasm from both the media and the public.

On Jan. 30, Marchionne said this about the IPO prospect. "In the absence internally of any [solution] at Fiat [to buy the UAW stake], we will be more than happy to accompany [the health care trust] to an initial public offering."


For the full story, head over to AOL Autos


Photo Credit: Getty Images


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]]>automakersbankruptcycarmakersChryslerchrysler ipochrysler-fiat alliancechrysler-fiat mergerDetroitFiatFinanceSergio MarchionneUAWUnited Auto WorkersUnited Auto Workers health care trustDavid KileyFri, 01 Mar 2013 05:00:00 ESTGM's 2012 Performance Slips Amid European Woes and Lower Market Sharehttp://www.dailyfinance.com/2013/02/14/general-motors-2012-performance-earnings/http://www.dailyfinance.com/2013/02/14/general-motors-2012-performance-earnings/http://www.dailyfinance.com/2013/02/14/general-motors-2012-performance-earnings/#commentsFiled under: , , ,


General Motors' (GM) earnings and market share were down in 2012 despite a better year for car sales in the U.S., a combination that soured Wall Street on the automaker's fourth quarter and year-end earnings report.

GM reported $4.7 billion in earnings for 2012, a sharp decline of 36 percent from the $7.6 billion it posted a year ago. The automaker's finances are on solid ground after its 2009 tax-payer assisted bankruptcy, but it underperformed a bit in the U.S., struggled in Europe amidst recession across the Atlantic and had a few special-item charges, all of which disappointed Wall Street.

General MotorsDespite a 89 percent increase in fourth quarter earnings to $900 million, analysts and investors were especially disappointed with GM's performance in the final reporting period. They had forecast earnings of 51 cents a share, while the automaker's earnings came in at 48 cents a share. GM shares were down in down in pre-market trading and are expected to close lower today. GM's revenue was up slightly to $152.3 billion.


"We recorded another solid year in 2012 as we grew the business, delivered a third straight year of profitability and took significant actions to put the company on a solid path for future growth," said Dan Akerson, chairman and CEO. "This year our priorities will be executing flawless new vehicle launches, controlling costs and delivering more vehicles to our customers at outstanding value."

GM announced that it will issue profit-sharing checks of up to $6,750 to its 49,000 hourly U.S. workers. The payments, which are based on the company's performance in North America, are about $250 less than the GM's previous profit sharing checks.

Sponsored Links
Operating profit, a key indicator of how GM is doing, improved 14 percent to $1.25 billion for the fourth quarter and fell 5 percent to $7.9 billion for the full year.

The automaker's pre-tax loss in Europe grew by 24 percent from a year earlier to $699 billion. The loss equaled 12.5 percent of GM Europe's sales for the quarter, worse than 9 percent a year earlier. Its yearly loss in Europe more than doubled to $1.8 billion.

Worrisome to GM is its falling market share. GM's U.S. share fell from 19.2 percent in 2011 to 17.5 percent in 2012. It slipped from 18 percent in the fourth quarter of 2011 to 17.1 percent in the fourth quarter of 2012. Globally, GM gave up world sales leadership back to Toyota.

So what is ahead for GM in 2013? It has an important launch of an all-new Chevy Silverado and GMC Sierra pick-up trucks. With construction in the U.S. improving, that is a big opportunity for GM to earn big money with an all-new truck. The redesigned Chevrolet Impala will be released this quarter, the Buick Encore compact crossover recently hit the market and a redesigned Cadillac CTS will be released in the fall. The company is also amidst an emergency design fix of the Chevy Malibu mid-sized sedan, a car that critics have skewered for shortcomings while Ford, Honda and Nissan have all received laurels for the redesigns of their sedans this year.

GM management has been anxious for the government to sell off its stake in GM that resulted from the tax-payer bailout in 2009. President Obama has indicated that the Treasury will begin selling off its stake, with the likelihood to be out of GM by early 2014.

Barclays analyst Brian Johnson says that 2013 will be a challenging year for GM, but that "a sweet spot" may exist for GM in 2014 when it is free of government ownership and several important new products are new.

GM shares were trading flat after the open between $28 and $29 a share, well above its 52-week low of $18.72, but shy of its 52-week high of $30.68.


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]]>auto industryauto stockscarmakersgeneral motorsGeneral Motors earningsgmGM earningsgm market shareDavid KileyThu, 14 Feb 2013 12:00:00 ESTFiat Goes for No-Haggle Pricinghttp://www.dailyfinance.com/2011/02/02/fiat-goes-for-no-haggle-pricing/http://www.dailyfinance.com/2011/02/02/fiat-goes-for-no-haggle-pricing/http://www.dailyfinance.com/2011/02/02/fiat-goes-for-no-haggle-pricing/#commentsFiled under:

Fiat USA, which is re-launching its brand in the U.S. this year after a 27-year absence, says that it is establishing a no-haggle sales experience at its dealerships.

According to Laura Soave, CEO of Fiat USA, "the price is the price." The first Fiat, the 500, is priced between $15,500 and $17,500. The cars go on sale this month starting at the company's Los Angeles dealership. The company will gradually open 130 Fiat "studios" across the country by the end of the year.

Continue reading Fiat Goes for No-Haggle Pricing


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]]>fiat 500no-hagglesaturnDavid KileyWed, 02 Feb 2011 15:30:00 ESTNatural Gas-Powered Taxis Gain Favor in Chicago, Other Citieshttp://www.dailyfinance.com/2011/01/30/natural-gas-powered-taxis-gain-favor-in-chicago-other-cities/http://www.dailyfinance.com/2011/01/30/natural-gas-powered-taxis-gain-favor-in-chicago-other-cities/http://www.dailyfinance.com/2011/01/30/natural-gas-powered-taxis-gain-favor-in-chicago-other-cities/#commentsFiled under: ,

yellow taxi - natural gas taxisA Chicago taxi company will begin using a dozen Ford Transit Connect vans that run on natural gas instead of gasoline. Other cities are likely to follow.

Taxi Medallion Management, which is affiliated with Yellow Cab Chicago, bought the small Ford vans as part of its goal to cut its total emissions by 25%. They're due to be delivered in March.

Natural gas is less expensive than gasoline and burns cleaner, giving off up to 90% fewer smog-producing pollutants, according to the U.S. Environmental Protection Agency. It also produces 30% to 40% less greenhouse gas emissions, the EPA's website said. Almost 90% of it is produced in the U.S.

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]]>Chicagoford transit connectFordTransitConnectgreennatual gas taxiNatualGasTaxitaxisDavid KileySun, 30 Jan 2011 16:30:00 ESTFor Carmakers, 40 MPG Is the New 30http://www.dailyfinance.com/2011/01/29/for-carmakers-40-mpg-is-the-new-30/http://www.dailyfinance.com/2011/01/29/for-carmakers-40-mpg-is-the-new-30/http://www.dailyfinance.com/2011/01/29/for-carmakers-40-mpg-is-the-new-30/#commentsFiled under: ,

Toughened fuel economy standards and engineering know-how are making 40 miles per gallon on the highway the new 30.

It wasn't so long ago that boasting 30 mpg on the highway for small cars seemed like enough to paint a car "green." But many new vehicles are hitting 40 mpg and beyond without resorting to hybrid or electric power.

The new Ford Fiesta achieves 40 mpg on the highway without a hybrid powertrain. Joining the "40 mpg Club" for their performance on the highway are the new Ford Focus (40 mpg); Hyundai Elantra (40 mpg); Chevy Cruze Eco (42 mpg, pictured) and Chevy Sonic (40 mph).

And there are more on the way. Toyota will launch the Scion iQ later this year, which will get north of 40 mpg.

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]]>40mpgChevy SonicChevySonicFord FiestaFord FocusFordFiestaFordFocusHonda Civic HybridHondaCivicHybridHyundai ElantraHyundaiElantraScion iQScionIqToyota PriusToyotaPriusDavid KileySat, 29 Jan 2011 15:00:00 ESTNader Targets Pre-2003 Jeep Grand Cherokees as 'Modern Day Pintos'http://www.dailyfinance.com/2011/01/27/nader-targets-pre-2003-jeep-grand-cherokees-as-modern-day-pinto/http://www.dailyfinance.com/2011/01/27/nader-targets-pre-2003-jeep-grand-cherokees-as-modern-day-pinto/http://www.dailyfinance.com/2011/01/27/nader-targets-pre-2003-jeep-grand-cherokees-as-modern-day-pinto/#commentsFiled under: ,

Consumer activist Ralph Nader has called on Italian automaker Fiat to recall 1993-2004 Jeep Grand Cherokees made by Chrysler because of what he calls their vulnerability to catching fire in rear-end crashes.

Chrysler sold the bulk of its assets to Fiat in 2009.

U.S. safety regulators have been testing and considering a recall of 3 million vehicles, but so far the National Highway Highway Safety and Traffic Administration says the accidents associated with the vehicle do not warrant a recall. NHTSA has linked 22 fiery crashes and 14 deaths to the Grand Cherokee's fuel tank, which it has said is not out of the statistical norm.

Continue reading Nader Targets Pre-2003 Jeep Grand Cherokees as 'Modern Day Pintos'


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]]>center for auto safetyCenterForAutoSafetyford pintoFordPintoJeep Grand CherokeeJeepGrandCherokeenhtsaralph naderRalphNaderrecallsDavid KileyThu, 27 Jan 2011 11:00:00 ESTToyota Recall Woes Continue: 1.7 Million Recalled for Fuel Leakshttp://www.dailyfinance.com/2011/01/26/toyota-recall-woes-continue-1-7-million-recalled-for-fuel-leaks/http://www.dailyfinance.com/2011/01/26/toyota-recall-woes-continue-1-7-million-recalled-for-fuel-leaks/http://www.dailyfinance.com/2011/01/26/toyota-recall-woes-continue-1-7-million-recalled-for-fuel-leaks/#commentsFiled under: , ,

Car buyers look at ToyotasToyota said it is recalling nearly 1.7 million vehicles around the world for defects that may cause fuel leakage. It is the latest in a 15-month string of recalls for the Japanese automaker.

The recall effects a wide range of models, including the IS and GS Lexus luxury models in North America and the Avensis sedan and station wagon models in Europe. There are no reported accidents related to the defects, the company said. But it has received 77 complaints overseas, 75 in North America and more than 140 reports in Japan.

Continue reading Toyota Recall Woes Continue: 1.7 Million Recalled for Fuel Leaks


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]]>toyota recallToyotaRecallDavid KileyWed, 26 Jan 2011 09:50:00 ESTFive Best New Cheap Cars (Under $20K) To Considerhttp://www.dailyfinance.com/2011/01/23/five-best-new-cheap-cars-under-20k-to-consider/http://www.dailyfinance.com/2011/01/23/five-best-new-cheap-cars-under-20k-to-consider/http://www.dailyfinance.com/2011/01/23/five-best-new-cheap-cars-under-20k-to-consider/#commentsFiled under: , ,

smart car - best new cheap carsAn iffy economy and high unemployment rate make a flock of new vehicles priced below $20,000 well timed for their 2011 debuts. At the North American International Auto Show, concluding in Detroit today, Jan. 23, and at the Chicago Auto Show, held Feb. 11-20, budget vehicles are the stars.

Fiat 500
Starting this month, Italian automaker Fiat is re-launching its brand in the U.S. after a 27-year absence. The first vehicle to hit 130 showrooms this year is the 500. It is a U.S. version of the popular Fiat Cinquecento, which debuted in Europe in 2007.

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]]>affordable carsbest new small carsbudget carschevy cruzechevy sonicfiat 500ford focushonda civichyundai elantrahyundai velostermazda2north carolinasmart carDavid KileySun, 23 Jan 2011 11:00:00 ESTWhy American Automakers Aren't Producing More 'Clean Diesel' Carshttp://www.dailyfinance.com/2011/01/14/why-american-automakers-arent-producing-more-clean-diesel-car/http://www.dailyfinance.com/2011/01/14/why-american-automakers-arent-producing-more-clean-diesel-car/http://www.dailyfinance.com/2011/01/14/why-american-automakers-arent-producing-more-clean-diesel-car/#commentsFiled under: ,

car at the NAIAS - clean dieselGerman automakers like Volkswagen, BMW and Mercedes, and Japanese automaker Mazda said this week at the North American International Auto Show that they are planning to offer more vehicles that run on "clean" diesel.

U.S. automakers, though, say they won't offer diesel engines in anything but heavy-duty work trucks because they don't see consumer demand, nor, they say, can they price their vehicles high enough to pay for diesel systems.

Continue reading Why American Automakers Aren't Producing More 'Clean Diesel' Cars


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]]>AudiBluetecBMWChevydieseldiesel or gasFordfuel economyMazdaMercedes BenzNorth American International Auto ShowSuper DutyTDIVolkswagenDavid KileyFri, 14 Jan 2011 16:00:00 ESTU.S. Postal Service to Hike Rates in Aprilhttp://www.dailyfinance.com/2011/01/14/u-s-postal-service-to-hike-rates-in-april/http://www.dailyfinance.com/2011/01/14/u-s-postal-service-to-hike-rates-in-april/http://www.dailyfinance.com/2011/01/14/u-s-postal-service-to-hike-rates-in-april/#commentsFiled under:

U.S. Postal Service to Hike Rates in AprilThe U.S. Postal Service announced plans to hike postage rates on several different types of mail in April, but the cost of sending Mother's Day cards in May will stay the same.

The postal service said the cost of a stamp for a basic letter will remain 44 cents, but the price to send larger envelopes, periodicals, parcels, international mail, advertisements and postcards will go up on April 17.

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]]>first class postageHike RatesPostagePostage rate hikepostal ratesPostmasterstampsU.S. Postal ServiceUSPSDavid KileyFri, 14 Jan 2011 11:36:00 ESTUSDOT: New Vehicles Must Protect Against Rollover Ejectionshttp://www.dailyfinance.com/2011/01/14/usdot-new-vehicles-must-protect-against-rollover-ejections/http://www.dailyfinance.com/2011/01/14/usdot-new-vehicles-must-protect-against-rollover-ejections/http://www.dailyfinance.com/2011/01/14/usdot-new-vehicles-must-protect-against-rollover-ejections/#commentsFiled under:

The Department of Transportation says that passenger vehicles will have to be designed to keep occupants, even those not wearing seat belts, from going through the side windows during a rollover accident.

The ruling was formalized by the National Highway Traffic Safety Administration Thursday. "Safety is our highest priority," Transportation Secretary Ray LaHood said. "This new standard will help save lives and reduce injuries by requiring vehicles to have a safety system that keeps occupants in the vehicle in a rollover crash."

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]]>airbagscar safetycar safety standardsNHTSArolloverrollover ejectionrollover protectionvehicle safetyDavid KileyFri, 14 Jan 2011 10:00:00 EST10 Most and Least Expensive Vehicles to Insurehttp://www.dailyfinance.com/2011/01/13/10-most-and-least-expensive-vehicles-to-insure/http://www.dailyfinance.com/2011/01/13/10-most-and-least-expensive-vehicles-to-insure/http://www.dailyfinance.com/2011/01/13/10-most-and-least-expensive-vehicles-to-insure/#commentsFiled under: , , ,

insure vehicleIf you want to shop for new vehicles based on insurance costs, you'll want to go to www.insure.com for a list of comparisons. For now, though, we will give you the list of the 10 least expensive and 10 most expensive models.

Based on the list, it would seem that family haulers, especially minivans, are the cheapest to insure--even better priced than family sedans.

It's no surprise, though, that the most expensive are the upper-echelon German and British cars.

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]]>aston martin db9auto insuranceBMW 750ibmw 750Lichrysler town and countryford escapehonda odysseyjeep wranglermercedes benz cl600Mercedes Benz G55 AMGmercedes benz s65mercedes benz sl63Mercedes BENZ SL65 AMGnissan muranoporsche 911Toyota Highlandertoyota siennaDavid KileyThu, 13 Jan 2011 17:00:00 ESTAuto Show: Ford Explorer and Chevy Volt Win Top Awardshttp://www.dailyfinance.com/2011/01/11/auto-show-ford-exlplorer-and-chevy-volt-win-top-awards/http://www.dailyfinance.com/2011/01/11/auto-show-ford-exlplorer-and-chevy-volt-win-top-awards/http://www.dailyfinance.com/2011/01/11/auto-show-ford-exlplorer-and-chevy-volt-win-top-awards/#commentsMark Fields, Ford president of the Americas, stands next to the 2011 Ford Explorer and holds the award for the North American Truck of the Year at the North American International Auto Show in DetroitA panel of auto industry journalists named the 2011 Chevy Volt "North American Car of the Year," and the 2011 Ford Explorer [pictured] "North American Truck of the Year."

There are numerous "Car of the Year" and "Truck of the Year" awards, the most prominent and well-known are probably the ones given out by Motor Trend magazine.

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]]>chevy voltford explorernorth american car of the yearNorth American International Auto Shownorth american truck of the yearDavid KileyTue, 11 Jan 2011 13:30:00 ESTWhat You Need to Know About Paying Cash for a New Vehiclehttp://www.dailyfinance.com/2011/01/08/what-you-need-to-know-about-paying-cash-for-a-new-vehicle/http://www.dailyfinance.com/2011/01/08/what-you-need-to-know-about-paying-cash-for-a-new-vehicle/http://www.dailyfinance.com/2011/01/08/what-you-need-to-know-about-paying-cash-for-a-new-vehicle/#commentsFiled under: ,

man waits before pile of cash - paying cash for carsThe economy is still tight except for the stock market. Unemployment still high. Home values still languishing. But some new-car buyers are able to pay cash for a new set of wheels.

The question is: Should you?

Car dealers have long reported that many older customers of certain brands, like Cadillac, Lincoln and Buick like to pay cash for their cars out of personal preference. They don't like paying interest or having monthly car payments.

Until a few years ago, many consumers paid cash for cars out of home equity lines of credit so they could deduct the interest.

Today, many would still like to pay cash, if they can, rather than carry more debt.

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]]>buying carsbuying cars with cashcar dealersedmunds.comhome equity linesPaying cashDavid KileySat, 08 Jan 2011 12:00:00 ESTRent a Chevy Volt at Enterprisehttp://www.dailyfinance.com/2011/01/07/rent-a-chevy-volt-at-enterprise/http://www.dailyfinance.com/2011/01/07/rent-a-chevy-volt-at-enterprise/http://www.dailyfinance.com/2011/01/07/rent-a-chevy-volt-at-enterprise/#commentsFiled under:

If you're curious about the Chevy Volt extended-range electric vehicle but don't want to put up with the pressure from a dealership when you ask for a test drive, help is on the way.

Enterprise Rent-A-Car will be the first to offer Chevrolet Volt extended-range electric vehicles (EVs) for daily and weekly rentals starting in late January. The Volt will be available, first, at the Mark Christopher Auto Center in Ontario, Calif., along with a new charging station.

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]]>chevy voltelectric car rentalsEnterprise Rent-A-CarNissan LEAF EVrent a Chevy VoltDavid KileyFri, 07 Jan 2011 17:00:00 ESTFord 'In Dead Heat' With Toyota In Top Consumer Perception Surveyhttp://www.dailyfinance.com/2011/01/06/ford-in-dead-heat-with-toyota-in-top-consumer-perception-surve/http://www.dailyfinance.com/2011/01/06/ford-in-dead-heat-with-toyota-in-top-consumer-perception-surve/http://www.dailyfinance.com/2011/01/06/ford-in-dead-heat-with-toyota-in-top-consumer-perception-surve/#commentsFiled under: ,

Ford logo - ford and toyotaA day after the influential Consumer Reports dented Ford Motor Company with its findings that the automaker's new MyTouch on-board electronics system was balky and distracting, it said that its readers ranked the U.S. automaker as equal with with Japanese automaker Toyota in how positively they perceive the brands.

Toyota scored 147 points in CR's 2011 Car Brand Perception Survey, while Ford received 144 points, a margin the magazine called a "statistical dead heat" given the margin of error in surveys. The magazine, which is widely read by car buyers, said Ford had made strides in safety, quality and value, three key parts of the survey.

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]]>bmwconsumer reportsfordhondaperceived qualityqualitytoyotavolvoDavid KileyThu, 06 Jan 2011 09:00:00 ESTBest New Vehicles for Resale Valuehttp://www.dailyfinance.com/2011/01/05/best-new-vehicles-for-resale-value/http://www.dailyfinance.com/2011/01/05/best-new-vehicles-for-resale-value/http://www.dailyfinance.com/2011/01/05/best-new-vehicles-for-resale-value/#commentsFiled under: ,

New Subaru OutbackWhen shopping for a new vehicle, a buyer's attention usually goes to price, monthly payments, styling and the amount of rebate.

But one of the often overlooked factors is resale value. How much the vehicle is projected to be worth after three, four or five years is key if you are the kind of driver likely to sell or trade the vehicle in after a few years.

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]]>Audi A5best resale valuebmwBMW X5honda CR-Vsubarutoyota tacomaDavid KileyWed, 05 Jan 2011 16:00:00 ESTSetback for Ford From Consumer Reportshttp://www.dailyfinance.com/2011/01/04/setback-for-ford-from-consumer-reports/http://www.dailyfinance.com/2011/01/04/setback-for-ford-from-consumer-reports/http://www.dailyfinance.com/2011/01/04/setback-for-ford-from-consumer-reports/#commentsFiled under:

Ford EdgeFord Motor Co. has been making great strides on quality measurements from Consumer Reports and J.D. Power and Associates, the two leading arbiters of automotive quality. But CR said that the Dearborn, Mich., automaker stumbled with the redesign of its Ford Edge and Lincoln MKX crossovers, as well as the "MyTouch" electronic systems that are in both vehicles.

CR said that it will not be recommending the vehicles, or the MyTouch system, which is also planned for other Ford vehicles.

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]]>consumer reportsford edgeFord MyTouchford qualitylincoln mkxDavid KileyTue, 04 Jan 2011 11:30:00 ESTCoke Wraps Up Biggest Ever Social Media Campaignhttp://www.dailyfinance.com/2011/01/04/coke-wraps-up-biggest-ever-social-media-campaign/http://www.dailyfinance.com/2011/01/04/coke-wraps-up-biggest-ever-social-media-campaign/http://www.dailyfinance.com/2011/01/04/coke-wraps-up-biggest-ever-social-media-campaign/#commentsFiled under: ,

coca-cola logo - coke marketing campaignCoca-Cola's largest social media project ever has come to an end. The company's three "happiness ambassadors" have completed a journey of more than 275,000 miles, 186 countries and 365 days in search of happiness.

The trio -- Tony Martin, 29, a Washington , D.C. , native now teaching kindergarten in Munich; Kelly Ferris, 23, a university student from Brussels; and Antonio Santiago, 24, a university student from Mexico City -- began on Jan. 1, 2010, armed with laptops, video cameras, smartphones and the like, and set off to visit 206 countries and territories where Coca-Cola is sold. They arrived back at Coke headquarters in Atlanta Dec. 29, 2010, just before the dawn of the New Year.

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]]>Coca-ColaCokeexpedition206social media campaignDavid KileyTue, 04 Jan 2011 08:00:00 ESTTop Five Fuel Sippers to Buy With Gas Prices Passing $3http://www.dailyfinance.com/2011/01/03/top-five-fuel-sippers-to-buy-with-gas-prices-passing-3-00/http://www.dailyfinance.com/2011/01/03/top-five-fuel-sippers-to-buy-with-gas-prices-passing-3-00/http://www.dailyfinance.com/2011/01/03/top-five-fuel-sippers-to-buy-with-gas-prices-passing-3-00/#commentsFiled under: ,

Man checks gas prices in San Francisco in DecemberGas prices passed $3 per gallon last week, the highest level in 26 months.

Though one popular survey of gas prices, the Lundberg Survey, said gas prices peaked at a national average of $2.99 per gallon, some other surveys have had the national average above $3, and, of course, it is already well above $3 in many parts of the country.

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]]>ford fusion hybridgas priceshonda civic hybridhonda insightlincoln mkz hybridtoyota priusDavid KileyMon, 03 Jan 2011 11:00:00 EST