Ownership costs are up significantly compared to last year driven by record new vehicle prices and a 90% increase in finance rates. AAA reports that the cost of vehicle ownership is up over $1000 a month for the first time. AAA’s Your Driving Costs (YDC) are up sharply this year has been a reliable data […]
AAA Projects Record-Breaking Travel Volumes Over July 4th Weekend
Number of Americans traveling by car and air over the holiday projected to be highest on record. AAA projects 50.7 million Americans will travel 50 miles or more from home this Independence Day weekend, setting a new record for the holiday. Domestic travel over the long weekend will increase by 2.1 million people compared to […]
42.3 Million Americans Expected to Travel for Memorial Day Weekend
Road trips projected up over 6% compared to 2022. AAA projects 42.3 million Americans will travel 50 miles or more from home this Memorial Day weekend, a 7% increase for all modes of travel compared to 2022. This year, 2.7 million more people will travel for the unofficial start of summer compared to last year, […]
AAA Reports Fear of Self-Driving Cars on the Rise
Drivers increasingly anxious as autonomous technology advances. The results of AAA’s annual automated vehicle survey show that while there is still a high level of interest in partially-automated vehicle technology, attitudes toward fully self-driving vehicles have become increasingly apprehensive. This year there was a major increase in drivers who are afraid, rising to 68% as […]
AAA Predicts Nearly 113 Million Americans Will Travel over Holidays
Over 101 million expected to take road trips during holidays despite increased gas prices. ’Tis the season to travel, and AAA estimates 112.7 million people will journey 50 miles or more away from home from December 23 to January 2. That’s an increase of 3.6 million people over last year and closing in on pre-pandemic […]
Dangerous Driving Behaviors Rising
AAA Foundation reports that after years of improvement, new research shows a troubling increase in admitted risky driving. A new report finds unsafe driving behaviors, including speeding, red-light running, drowsy driving, and driving impaired on cannabis or alcohol, rose from 2020 to 2021. The most alarming increase was among drivers admitting to getting behind the […]
AAA Reports Gas Prices Down as Demand Declines and Recession Fears Weigh Down Oil Market Expectations
According to AAA, fears of a global economic recession led to a major drop in the price of crude, down $7, which helped to minimize pump price increases last week. Meanwhile, domestic gasoline demand decreased as fewer drivers fueled up in the first half of October. According to the Energy Information Administration (EIA), gas demand […]
Automatic Emergency Braking Absent When You Need It Most
Testing reveals AEB is better at spotting stationary vehicles, but speed poses challenges. AAA released the results of its testing of Automatic Emergency Braking (AEB) systems that are touted as lifesaving, crash-preventing tech, that is included as standard equipment in most new cars sold in the United States. Over the years, AEB has successfully stemmed […]
AAA Reports Gasoline Prices Increasing This Week
According to AAA, since Monday, the national average for a gallon of regular gasoline increased by a penny to $3.68. After declining for 98 consecutive days, the national average reversed course as fluctuating oil prices and tight supply due to planned and unplanned maintenance work at refineries on the West Coast and Midwest contribute to […]
Gas Prices Had Smallest Weekly Decline in Months as Demand Continues to Decline
AAA reported that fewer drivers fueling up helped the national average pump price for gasoline to drop four cents in the past week to reach $3.67. But it’s the smallest weekly decline in months and may signal that the streak of daily falling national average gas prices, approaching 100 days, is nearly finished. “All streaks […]
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