<![CDATA[Colorado Springs Gazette RSS - auto]]> http://gazette.com/rss/auto Tue, 26 Jul 2016 04:36:10 -0600 Zend_Feed http://blogs.law.harvard.edu/tech/rss <![CDATA[Trade group raises 2016 sales growth forecast to 3.4 percent]]> http://gazette.com/trade-group-raises-2016-sales-growth-forecast-to-3.4-percent/article/feed/376898?custom_click=rss http://gazette.com/trade-group-raises-2016-sales-growth-forecast-to-3.4-percent/article/feed/376898?custom_click=rss NEW YORK (AP) — A trade group is raising its forecast for retail sales growth this year to 3.6 percent, with more help from online sales, as the economy improves.

The National Retail Federation said Tuesday that's up from its previous forecast of 3.1 percent growth. That includes expected 7 percent to 10 percent growth in online and other non-store sales, up from the earlier 6 percent to 9 percent forecast.

The NRF cited an improving housing market, job growth, higher wages and high consumer confidence among factors that are helping consumer spending. Potential hurdles, though, include uncertainty around the presidential election and currency effects.

According to NRF estimates, retail sales in the first half of the y

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]]> Tue, 26 Jul 2016 05:12:27 -0600 <![CDATA[Hyundai Motor reports 10th straight quarterly profit drop]]> http://gazette.com/hyundai-motor-reports-10th-straight-quarterly-profit-drop/article/feed/376863?custom_click=rss http://gazette.com/hyundai-motor-reports-10th-straight-quarterly-profit-drop/article/feed/376863?custom_click=rss

SEOUL, South Korea (AP) — Hyundai Motor Co. has reported a tenth straight quarterly profit decline due to weak demand for passenger sedans and higher marketing expenses for its luxury brand, despite improved China sales.

South Korea's largest automaker said Tuesday that its April-June quarterly net income was 1.76 trillion won ($1.55 billion), down 1.5 percent over a year earlier. Sales rose 8 percent to 24.68 trillion won ($21.7 billion).

Global sales of passenger sedans such as the Elantra and Accent were weaker. The number of vehicles exported from Hyundai's Korea factories to overseas slumped 11 percent.

Domestic car sales rose ahead of the phase out of a government tax cut but the gains were offset by lower sales

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]]> Tue, 26 Jul 2016 02:22:50 -0600 <![CDATA[Judge set to decide on $15B Volkswagen settlement]]> http://gazette.com/judge-set-to-decide-on-15b-volkswagen-settlement/article/feed/376862?custom_click=rss http://gazette.com/judge-set-to-decide-on-15b-volkswagen-settlement/article/feed/376862?custom_click=rss

SAN FRANCISCO (AP) — A $15 billion settlement over Volkswagen's diesel emissions cheating scandal faced a critical test, as a federal judge decided whether to grant it preliminary approval.

U.S. District Court Judge Charles Breyer was scheduled to consider the settlement during a hearing on Tuesday and appeared inclined to approve it.

He has kept close watch over the negotiations and previously praised the efforts of attorneys and a court-appointed settlement master who helped broker the deal.

Preliminary approval would allow attorneys to notify vehicle owners of the terms, which include a buyback option.

The owners could use a settlement website to determine how much compensation Volkswagen would give them.

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]]> Tue, 26 Jul 2016 01:29:46 -0600 <![CDATA[Asian stocks mixed after Wall Street decline]]> http://gazette.com/asian-stocks-mixed-after-wall-street-decline/article/feed/376518?custom_click=rss http://gazette.com/asian-stocks-mixed-after-wall-street-decline/article/feed/376518?custom_click=rss

BEIJING (AP) — Chinese stocks gained Tuesday but other Asian markets fell after Wall Street declined on losses for energy stocks.

KEEPING SCORE: The Shanghai Composite Index gained 0.4 percent to 3,029.51 and Hong Kong's Hang Seng rose 0.9 percent to 22,192.01. Tokyo's Nikkei 225 dropped 1.5 percent to 16,364.51 and Sydney's S&P-ASX 200 shed 0.3 percent to 5,517.20. Benchmarks in Seoul and New Zealand gained while Indonesia, Singapore and Thailand retreated. India's Sensex was unchanged at 28,081.34.

WALL STREET: Stocks fell as investors took a break after four weeks of gains that brought the market to record highs. Energy companies fell more than other shares, but analysts said the sale was benign and foreseeable following

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]]> Tue, 26 Jul 2016 00:47:34 -0600 <![CDATA[Asian stocks mixed after Wall Street decline]]> http://gazette.com/asian-stocks-mixed-after-wall-street-decline/article/feed/376854?custom_click=rss http://gazette.com/asian-stocks-mixed-after-wall-street-decline/article/feed/376854?custom_click=rss

BEIJING (AP) — Chinese stocks gained Tuesday but other Asian markets fell after Wall Street declined on losses for energy stocks.

KEEPING SCORE: The Shanghai Composite Index gained 0.4 percent to 3,029.51 and Hong Kong's Hang Seng rose 0.9 percent to 22,192.01. Tokyo's Nikkei 225 dropped 1.5 percent to 16,364.51 and Sydney's S&P-ASX 200 shed 0.3 percent to 5,517.20. Benchmarks in Seoul and New Zealand gained while Indonesia, Singapore and Thailand retreated. India's Sensex was unchanged at 28,081.34.

WALL STREET: Stocks fell as investors took a break after four weeks of gains that brought the market to record highs. Energy companies fell more than other shares, but analysts said the sale was benign and foreseeable following

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]]> Tue, 26 Jul 2016 00:47:34 -0600 <![CDATA[EPA moves to regulate climate-warming airliner pollution]]> http://gazette.com/epa-moves-to-regulate-climate-warming-airliner-pollution/article/feed/376532?custom_click=rss http://gazette.com/epa-moves-to-regulate-climate-warming-airliner-pollution/article/feed/376532?custom_click=rss

WASHINGTON (AP) — Jet engine exhaust from airliners endangers human health and adds to climate change, the government found Monday in taking the first step toward regulating those emissions.

The Environmental Protection Agency said it will use its authority under the Clean Air Act to impose limits on aircraft emissions.

Jet engines spew significant amounts of greenhouse gases, including carbon dioxide and methane, into the upper atmosphere, where they trap heat from the sun. But proposed rules such as imposing fuel-efficiency standards have faced stiff opposition from aircraft makers and commercial airlines.

Aircraft emissions were not addressed as part of the landmark global climate agreement agreed to in Paris in De

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]]> Mon, 25 Jul 2016 16:30:08 -0600 <![CDATA[Oklahoma gas prices fall to lowest level since April]]> http://gazette.com/oklahoma-gas-prices-fall-to-lowest-level-since-april/article/feed/376588?custom_click=rss http://gazette.com/oklahoma-gas-prices-fall-to-lowest-level-since-april/article/feed/376588?custom_click=rss OKLAHOMA CITY (AP) — Oklahoma motorists are paying some of the lowest gasoline prices in the nation.

AAA Oklahoma said Monday that the average price for self-serve regular gasoline in the state is $1.94 a gallon, the fifth-lowest state gas price average in the nation. Only South Carolina, Tennessee, Alabama and Missouri have lower statewide gas price averages than Oklahoma.

It's been nearly three months since Oklahoma's gasoline price average was that low. AAA says gasoline was at $1.93 a gallon on April 27. The lowest price recorded so far this year is $1.34 a gallon on Feb. 13.

The all-time high price for self-serve regular gasoline in Oklahoma was reached on July 16, 2008, at a whopping $3.95 per gallon.

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]]> Mon, 25 Jul 2016 12:18:51 -0600 <![CDATA[Gas prices continue to drop in Rhode Island, to $2.21]]> http://gazette.com/gas-prices-continue-to-drop-in-rhode-island-to-2.21/article/feed/376552?custom_click=rss http://gazette.com/gas-prices-continue-to-drop-in-rhode-island-to-2.21/article/feed/376552?custom_click=rss PROVIDENCE, R.I. (AP) — Gas prices continue to fall in Rhode Island, to an average $2.21 per gallon.

AAA Northeast says its weekly survey released Monday found the average price of a gallon of self-serve, regular gas has fallen one penny since last week. AAA says the price is the lowest it has been during the month of July since 2004.

The price is significantly lower than it was at this time last year, when gas was averaging $2.71 per gallon in Rhode Island.

The price is five cents above the national average of $2.16.

AAA says it found self-serve, regular gas selling for as low as $1.99 per gallon and as high as $2.36.

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]]> Mon, 25 Jul 2016 11:17:11 -0600 <![CDATA[Gasoline prices in North Dakota decline again over the week]]> http://gazette.com/gasoline-prices-in-north-dakota-decline-again-over-the-week/article/feed/376553?custom_click=rss http://gazette.com/gasoline-prices-in-north-dakota-decline-again-over-the-week/article/feed/376553?custom_click=rss BISMARCK, N.D. (AP) — The weather's getting hotter, but gasoline prices continue to cool off.

The latest weekly report from GasBuddy.com says gas prices nationally are at their lowest level of the summer. In North Dakota, the average retail price is $2.21 a gallon. That's more than 1 1/2 cents lower than last week.

In Fargo, gas is much cheaper than the statewide average — $2.03 a gallon.

GasBuddy.com Senior Petroleum Analyst Patrick DeHaan says a glut of oil and refined products persists, and he expects many states with average gas prices under $2 a gallon by Halloween.

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]]> Mon, 25 Jul 2016 11:11:46 -0600 <![CDATA[Schumer: Amtrak, Alstom move closer to production deal]]> http://gazette.com/schumer-amtrak-alstom-move-closer-to-production-deal/article/feed/376554?custom_click=rss http://gazette.com/schumer-amtrak-alstom-move-closer-to-production-deal/article/feed/376554?custom_click=rss HORNELL, N.Y. (AP) — New York Sen. Charles Schumer says a city in the state's Southern Tier could gain 400 jobs if Amtrak and a French rail-car manufacturer Alstom reach agreement on a new supply contract.

Schumer on Monday says Amtrak's board of directors is expected to vote this week to finalize negotiations with Paris-based Alstom to provide new high-speed trains for its Acela Express service as part of a $2.5 billion program. The trains would be made at Alstom's 700,000-square-foot plant in Hornell in Steuben (stoo-BEHN') County, 60 miles south of Rochester.

Authorities estimate the deal would bring 400 jobs to Hornell and indirectly create as many as 350 more jobs elsewhere in upstate New York.

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]]> Mon, 25 Jul 2016 10:46:00 -0600 <![CDATA[Massachusetts gas prices drop 2 cents per gallon]]> http://gazette.com/massachusetts-gas-prices-drop-2-cents-per-gallon/article/feed/376555?custom_click=rss http://gazette.com/massachusetts-gas-prices-drop-2-cents-per-gallon/article/feed/376555?custom_click=rss BOSTON (AP) — Gas prices in Massachusetts continue to drop and are now at their lowest level for this time of year since 2004.

AAA Northeast reported Monday that self-serve, regular is selling for an average of $2.14 per gallon, 2 cents lower than a week ago. The price is also 2 cents below the national average for the same grade and 50 cents lower than it was a year ago.

AAA found a wide range of prices for self-serve, regular, from a low of $1.95 to a high of $2.49 per gallon.

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]]> Mon, 25 Jul 2016 10:45:39 -0600 <![CDATA[Gas prices continue to drop in northern New England]]> http://gazette.com/gas-prices-continue-to-drop-in-northern-new-england/article/feed/376469?custom_click=rss http://gazette.com/gas-prices-continue-to-drop-in-northern-new-england/article/feed/376469?custom_click=rss CONCORD, N.H. (AP) — It's another week of lower gas prices in northern New England.

GasBuddy shows the biggest drop is in Vermont, where the average retail price is $2.22 a gallon, down 4.1 cents from last week.

The average price per gallon in Maine has fallen 3.8 cents to $2.21. In New Hampshire, the price went down 2.8 cents, to $2.16.

The national average of $2.15 has fallen 4.5 cents during the last week and stands 56.6 cents per gallon lower than a year ago.

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]]> Mon, 25 Jul 2016 07:21:24 -0600 <![CDATA[Ohio gas prices down as crude oil prices continue to decline]]> http://gazette.com/ohio-gas-prices-down-as-crude-oil-prices-continue-to-decline/article/feed/376449?custom_click=rss http://gazette.com/ohio-gas-prices-down-as-crude-oil-prices-continue-to-decline/article/feed/376449?custom_click=rss COLUMBUS, Ohio (AP) — Gas prices around Ohio continue to fall going into the workweek.

Ohio's average gas price for a gallon of regular gas was down to $2.06 in Monday's survey from auto club AAA, the Oil Price Information Service and WEX Inc. That's down 12 cents from a week ago and about 31 cents below the state average this time last month.

Monday's national average price was $2.16, compared with $2.21 last week and $2.31 a month ago.

This time last year, the state average was $2.50 and the national average was $2.72.

Gas prices continue to drop in most parts of the country due to abundant fuel supplies and declining crude oil costs.

___

Online:

AAA Daily Fuel Gauge Report: http://fuelgauger

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]]> Mon, 25 Jul 2016 06:02:57 -0600 <![CDATA[Gas prices drop 7 cents to $2.22 a gallon]]> http://gazette.com/gas-prices-drop-7-cents-to-2.22-a-gallon/article/feed/376317?custom_click=rss http://gazette.com/gas-prices-drop-7-cents-to-2.22-a-gallon/article/feed/376317?custom_click=rss CAMARILLO, Calif. (AP) — The average price of gasoline has dropped 7 cents over the past three weeks to $2.22 a gallon for regular grade.

Industry analyst Trilby Lundberg said Sunday lower oil prices and an abundant gasoline supply caused the decline. She says the price is 60 cents less than it was a year ago.

The Lundberg Survey found the average price of midgrade unleaded is $2.51 a gallon and $2.72 for premium.

The highest average price for regular gasoline in the Lower 48 is $2.83 a gallon in the San Francisco Bay Area. The lowest is $1.81 in Charleston, South Carolina.

The U.S. average diesel price is $2.39 per gallon, down three cents from two weeks ago.

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]]> Sun, 24 Jul 2016 16:13:41 -0600 <![CDATA[Utility to roll out electric car charger program]]> http://gazette.com/utility-to-roll-out-electric-car-charger-program/article/feed/376300?custom_click=rss http://gazette.com/utility-to-roll-out-electric-car-charger-program/article/feed/376300?custom_click=rss PORTLAND, Ore. (AP) — A program rolling out next year will install electric car chargers in Seattle homes and parts of the city.

The Seattle Times reports (http://bit.ly/2aq2JRX) Seattle City Light discussed the plan during a Portland conference attended by almost 400 electric car industry leaders.

The utility will put chargers in several hundred homes and install 20 in the city that can power some vehicles in 30 minutes.

Electric cars and plug-in hybrids accounted for about 1 percent of the country's auto sales as of June. Experts say annual sales could reach 15 percent by 2025.

A study found $300 million in electricity sales was possible if a quarter of vehicles on the road were electric by 2035.

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