car costs
How Electrification Reduces Environmental Impact of Big Vehicles | Giga Gears
The Environmental Protection Agency’s annual report on automotive trends in the United States illustrates a strange landscape. At a nationwide average of 26 miles per gallon, fuel economy has never been better. Vehicle carbon dioxide emissions are also at an all-time low. However, pickup trucks and SUVs continue to…
2023 Report: Car Ownership Costs Soared
The average cost of owning and operating a car has gone up this year due to higher MSRP figures and increased finance costs, among other things. In 2023, the annual expense of vehicle ownership increased to $12,182, which comes out to a monthly cost of $1,015, according to the American Automobile Association.
New Federal Fuel Economy Rules Target Gas-Guzzling Trucks and SUVs
Trucks and SUVs have long held back the average fuel economy of the national fleet in the U.S., and the Department of Transportation wants to address this via newly proposed standards that set stricter rules for light trucks and sport utility vehicles than those for passenger cars. The latest proposal from the …