Tag: rising

With rising gas prices, how much can you save using mass transit?

Filed under: Etc., Earnings/Financials

LA Subway

According to the American Public Transportation Association, gas prices have jumped by 28 cents per gallon in the last 10 days, bringing the national average up to a staggering $3.47/gallon. The new hike in prices means commuters can save an average of $9,904 annually – $825 per month – by switching from personal to public transportation. That figure includes the national average rate for unreserved parking.

The numbers are the highest they’ve been in two years, due to global unrest and continuing economic problems. Savings were highest in big cities, where public transportation is more readily available, with New York topping the list. The APTA estimates that commuters in the Big Apple could save $1,198 per month or $14,376 a year by switching to public transportation.

[Source: American Public Transportation Association]

With rising gas prices, how much can you save using mass transit? originally appeared on Autoblog on Mon, 14 Mar 2011 18:40:00 EST. Please see our terms for use of feeds.

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Hyundai reportedly considering second U.S. plant to meet rising demand

Filed under: Plants/Manufacturing, Hyundai

The millionth vehicle built at Hyundai Motor Manufacturing Alabama

The millionth vehicle built at Hyundai Motor Manufacturing Alabama rolls off the line in 2009

Every automaker wishes it had this problem: not enough supply to meet demand. The solution? Expand production, of course. That’s the situation Hyundai is reportedly facing, and the automaker says that if it’s going to build another plant, it should be right here in the United States.

Hyundai currently builds the Sonata and Elantra at its solitary American plant in Montgomery, Alabama. (The Santa Fe, meanwhile, is built at the Kia subsidiary facility in West Point, Georgia.) And with demand for its compelling lineup rapidly increasing in the United States – up nearly 25 percent in 2010 versus 2009 – the Korean automaker is seriously considering expanding its production capacity with another plant to meet growing demand.

Executives will reportedly evaluate the possibility next year after they observe whether the upward trend in demand will continue enough to warrant such an expansion.

[Source: Automotive News – sub. req.]

Hyundai reportedly considering second U.S. plant to meet rising demand originally appeared on Autoblog on Mon, 17 Jan 2011 11:00:00 EST. Please see our terms for use of feeds.

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2010 Japanese Grand Prix: The sun finally shines in the Land of the Rising Sun [Spoilers]

Filed under: Motorsports, Japan

2010 Japanese Grand Prix – Click above for high-res image gallery

The Japanese Grand Prix has long held a special place in the Formula One World Championship. Traditionally one of, if not the very last race of the season, Japan has crowned many a champion: in fact the title has been decided there 12 out of the 24 times the Pacific island nation has hosted a grand prix. And of the drivers who’ve won there the past ten years running, all but Kimi Raikkonen lined up there again this weekend, Suzuka taking back the hosting duties from Fuji once more.

Would this year’s race see a new winner atop the podium? Or would Sebastian Vettel, Fernando Alonso, Lewis Hamilton, Michael Schumacher or even Rubens Barrichello add the trophy alongside their previous wins in the Land of the Rising Sun? Follow the jump to find out.

Gallery: 2010 Japanese Grand Prix

[Images: Greg Baker, Mark Baker / AP | Mark Thompson, Shuji Kajiyama / Getty | Toshifumi Kitamura, Jung Yeon-Je, Kazuhiro Nogi / AFP/Getty]

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2010 Japanese Grand Prix: The sun finally shines in the Land of the Rising Sun [Spoilers] originally appeared on Autoblog on Sun, 10 Oct 2010 07:47:00 EST. Please see our terms for use of feeds.

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