How can I tell?  Well, considering that they’re planning a massive new set of tax initiatives targeting anyone who buys or operates a vehicle, it sure SEEMS like they don’t want you driving anywhere.

How massive, you ask?  Well, in terms of US dollars, you can figure that they’re planning to add roughly FIVE GRAND in taxes to the cost of every new car.  Of course, that particular tax is being phased in in installments over the course of the next eleven years, but still, five grand?  That’s no small feat.

And as if that weren’t horrendous enough, they’re also planning an increase in the gas tax, which will make gas cost, roughly, three pounds per liter, or in US money, roughly thirteen bucks a gallon.

This egregious push is being dubbed “essential” in order for Great Britain to meet its greenhouse gas emissions targets, but critics, not surprisingly, are saying that this is all a push to treat drivers like the government’s own personal piggy bank.

This is, of course, nightmarish in its extremity, and hopefully will drive Brits into the streets to protest this sickening abuse of power.

Tags: Engalnd, gas prices, great britain, Law, taxes

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The issue on up to how much gas prices would increase is still wandering in the minds of many. But thanks to the efforts of Kelley Blue Book, a survey was conducted among the potential new car buyers, the group expected to increase as the summer comes in.

Based on their feedback, it seems that many are bracing for the worst as far as expected price per gallon of gas is concerned. We have been seeing an erratic market and it seems that this is nothing compared to what may happen in the following months. There are a lot of factors but generally, looking out for the worst is not surprising anymore.

Some are speculating a $5 to the gallon and others at $3. Whatever the case may be, it seems that the bottom-line is that they are ready for it even though many fear it. And if there is one factor that one area that will be affected by it, it has to be the fact that car sales will be severely affected.

Actually we are experiencing this now. Seeing these big car manufacturers close or groping for survival is a sign that the consumers are playing it safe. And while crazy discounts are being given, the fact is that people need to be financially wise nowadays. For that aspect alone, the demand and outlook for new cars is not yet established and may even become worse for the time being.

(Source) Press

Tags: big car, bottom line, car buyers, car manufacturers, car sales, consumers, erratic market, gallon of gas, gas increases, gas prices, kelley blue book, many fear, new car, new cars, price per gallon, survival

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Remember when gas prices were over $4 a gallon? Not only did it have America going broke, it sparked a green campaign of epic proportions that had car makers far and wide working towards more fuel efficient vehicles.

Well, it looks like the times have changed as the U.S. Energy Information Administration has recently released a statement predicting that gas prices will peak at $2.30 this summer rounding off the year in the range of $2.23 to $2.42.

This sure is good news for everyone, considering the state of the economy, because every penny counts during these tough times.

Tags: energy department, energy information administration, fuel, gas prices, petrol, prices, united states

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During these times, sales people will always throw in a monkey wrench just to close a deal. And the magic word today is Best Value referring to affordability and consumption. While you are bound to get a lot of that along the way, be advised that there is only one that truly fits these needs. And that car is the Honda Civic, branded as the Best Value car by Edmunds.com.

“Anyone truly concerned about their household expenses should ask some questions about any methodology that finds a premium hybrid vehicle to be an excellent value, especially when gas prices are so low,” warns Edmunds.com CEO Jeremy Anwyl. “It makes sense that value is top of mind for many car buyers; for consumers seeking the absolute best new car value, the 2009 Honda Civic is the best choice, not the Prius.”

Edmunds.com, whose extensive data department has been projecting comprehensive five-year vehicle ownership costs since 2002, has determined that the Prius Touring actually ranks 41st in terms of ownership costs. The industry-leading Honda Civic will cost $8,042 less than the Prius over five years of ownership.

(Source) Press

Tags: car value, gas prices, Honda, honda civic, hybrid vehicle, new car, Prius, vehicle ownership

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In an age where electric cars are getting much attention, Wheego Electric Cars, a division of RTEV, has announced the launch of its U.S. car dealer network. RTEV is an innovation-driven and environmentally-conscious manufacturer of Electric Vehicles. The company’s two product lines are Ruff & Tuff and Wheego.

“In today’s difficult automotive market, more and more car dealers are looking for additions and alternatives to the traditional brands to maintain and grow their dealership business,” said Jeff Boyd, president of Wheego.

“Electric vehicle adoption, fueled by volatile gas prices, increasing environmental awareness, and technological advancements puts the electric vehicle industry on the cusp of major growth as consumers are increasingly making more green-conscious buying decisions. Progressive car dealers are realizing this, and we’re receiving applications from a variety of dealers who also have other car lines such as Honda, Toyota, Chevrolet, Saturn, and Suzuki, and want to expand their product line-up and catch the wave of the emerging electric vehicle movement. No one wants to get left behind. We will launch our first car, the Wheego Whip in May with a target of 50 U.S. car dealerships appointed by then,” added Boyd.

“These will be a combination of traditional car dealers as well as a new type of dealer who exclusively sells electric vehicles and combines several manufacturers such ZENN, ZAP, and MILES in one dealership.”

(Source) Press

Tags: car dealer, electric cars, electric vehicle industry, electric vehicles, first car, gas prices, launch, whip

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