Category: ‘ Automotive ’

 

Low Gasoline Prices Undermine Efficiency and Alternatives

Gasoline prices have fallen to their lowest levels in years. This is good news for consumers spending, but bad news for efficiency and alternatives, and likely leaves consumers vulnerable once high prices return. In thi...

Automakers Remain Determined on Hydrogen Fuel Cell Vehicles

The hydrogen car is back. This week, Toyota Motor Corporation unveiled its brand new Mirai fuel cell vehicle (FCV) to go on sale next fall in California. Toyota’s new FCV will retail for $57,500 before government incentives, a...

A Look at the Next Generation of Electric Vehicles

People began filling the main atrium of the National Building Museum early on a chilly Wednesday morning, greeted by the welcome sight of a table full of DC’s famous Astro Doughnuts and hot coffee. While tasty creations are the ...

Are Automotive Dealers Pulling Their Weight Selling EVs?

For many consumers, car shopping can be difficult. Between vehicle trade-ins, loan approvals, and auto price negotiations, the process of actually buying a vehicle can be long and stressful. They hope that, along the way, there wi...

Improvements in Fuel Economy Cut Nationwide Consumption

Reeling from record-high oil prices it was unable to rein in, the revelation of the United States’ stunning level of energy insecurity served to be an important legacy of the 1973 Arab Oil Embargo. “The event was hailed as the...

Tesla Pushes Forward on Autonomous Vehicles

  Last night, Tesla Motors CEO Elon Musk debuted the automaker’s newest product, an update to the Model S with new features that include all wheel drive (AWD), 0-60 acceleration in just over 3 seconds, and some highl...

How do Consumers Respond to Falling Gasoline Prices?

Last month, as gas prices dropped by nearly 15 cents nationwide, consumers responded by purchasing less fuel-efficient vehicles. This trend became evident with the help of two measures. First, sales-weighted new vehicle fuel ec...

September 2014: EV Market Snapshot

In September, electric vehicle sales dropped off slightly, following four record-setting months of summer sales. One possible explanation is that the slight drop in gas prices had an impact on consumers' cost-benefit perceptions. ...

Consumer Gas Spending Near All-Time High in 2013 Despite Oil Boom

SAFE's analysis of the latest data from the Bureau of Labor Statistics finds that despite record domestic oil production, U.S. consumer spending on gasoline remained near all-time highs last year. Recent data from the Consumer...

Understanding Inelasticity of Transportation Demand

Last week, the Bureau of Labor Statistics released its latest numbers on consumer spending for 2013. Drawing from the updated figures, we did a write-up of the burden of gas prices on American households, particularly its lowest e...
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