Auto News for May 31 – Gas prices higher and going higher

 The summer driving season is here and, of course, gas prices are going up. AAA said the average price for a gallon of unleaded is now $2.37. That is a penny more than one week ago, two cents more than a month ago and five cents over a year ago. In essence, demand is going up and supplies are headed the other way.

 A pair of Mercedes 300SL models will be auctioned off at this year’s Pebble Beach auto auction. The Detroit News said the gull wing coupe will command up to $1.3 million and the roadster up to $1 million even. But each has some one off trim items and could go for even more, the paper said. Mercedes produced the 300SL from 1954 to 1963 and the gullwing was the most spectacular of them. It is   still sought out today by collectors – rich collectors.

 Headline:

 “Toyota Research Institute Explores Blockchain Technology for Development of New Mobility Ecosystem.”

 (It must be time for my second cup of coffee.)

 Hint: it has something to do with the “development of autonomous driving technology.”

  

 

 

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