A mixed bag when it comes to the latest report on gas prices with the AAA saying the national average is two cents cheaper this week at $2.90 gallon. But that is 60 cents more than motorists paid a year ago.
“If demand continues to strengthen and inventories decrease in the weeks ahead, motorists can expect gas prices (to) do a reversal and start to increase again,” said Jeanette Casselano, AAA gas price expert. “AAA expects the national gas price average to range between $2.85 and $3.05 through Labor Day, likely seeing the summer’s highest prices in June.”
Another factor that will influence gas prices in the near and long-term will be outcomes from the June 22 OPEC meeting in Vienna, Austria.
What do you think? If Suzuki were to import its compact Jimny off road vehicle here in the states, would it sell?
Suzuki just released pictures of the upcoming offering with a front end design that looks like a Jeep. From all indications, it would be an inexpensive and rugged off roader. Suzuki autos pulled out of the U.S. market in 2012.
Cadillac is investing $175 million to prepare its plant in Lansing, Michigan, to build two new sedans that will replace two existing models, believed to be the ATS and the CTS. The new cars are not expected to hit the market until 2021 or so. GM is not revealing too much information about all this.