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The 2017 Jeep® Grand Cherokee premium mid-size SUV has become just the second gasoline-driven, American-made, American-brand vehicle to qualify for Japan's Eco-Car tax break. The 2016 Jeep Cherokee Trailhawk was first.

Equipped with versions of the award-winning Pentastar V-6 engine, the 2017 Grand Cherokee and its predecessor met the strict fuel-efficiency and emissions standards allowing them to be eligible for the consumer tax incentive – worth between ¥58,000 and ¥66,000 to Grand Cherokee buyers.

"This achievement reaffirms the flagship status that Grand Cherokee enjoys among SUVs in the global market," said Mike Manley, Head of Jeep Brand and Global Lead Executive for International Operations – FCA. "In the wake of the Cherokee's breakthrough, it also proves – as we say in off-road driving – that only a Jeep can follow another Jeep."

Today’s national average price for regular unleaded gasoline is $2.35 per gallon, which is four cents less than one week and one month ago, and 14 cents more than the same date last year. Last week, 46 states saw prices drop – some by at least 9 cents – with prices remaining steady in other parts of the country. The trending decline is due to an unseasonable glut of gasoline in the U.S. market, record high refinery production rates, moderate demand and a recent drop in crude oil prices.  

Quick Stats
The nation’s top ten markets with the largest weekly decreases include: Ohio (-9 cents), Michigan (-9 cents), Indiana (-9 cents), Illinois (-7 cents), Delaware (-6 cents), Kentucky (-6 cents), Missouri (-6 cents), Florida (-5 cents), Kansas (-5 cents) and Maryland (-4 cents).

The nation’s top ten markets with the biggest changes in the last year include: Alaska (+44 cents), Hawaii (+42 cents), Washington (+40 cents), Oregon (+34 cents), New Jersey (+30 cents), New Mexico (+27 cents), Montana (+26 cents), North Dakota (+24 cents), Nevada (+21 cents) and Pennsylvania (+21 cents).

TORRANCE, Calif., May 5, 2017 -- Land Cruiser, Toyota's iconic go-anywhere four-wheel-drive sport-utility vehicle, has earned myriad accolades and records over the 60-plus years it's been in production. And now, among them: the title of "World's Fastest SUV" thanks to a record speed of over 230 mph, attained by the custom 2,000-horsepower Land Speed Cruiser. 

With former Toyota NASCAR driver Carl Edwards at the helm, the understated Land Speed Cruiser shattered the previous "World's Fastest SUV" record by more than 19 mph, reaching a GPS-verified and video-documented 230.02 mph before running out of usable pavement. With enough track ahead, the Land Speed Cruiser could be expected to go even faster. 

The Toyota Landcruiser has earned the title of "World's Fastest SUV" thanks to a record speed of over 230 mph, attained by the custom 2,000-horsepower Land Speed Cruiser driven by former NASCAR driver Carl Edwards.

ATLANTA, May 5, 2017 -- Hum by Verizon earned a Stevie Award in the consumer electronics product and services category at the 2017 American Business Awards. More than 190 professionals worldwide participated in the judging process to select this year's Stevie Award winners.

"Hum empowers drivers by giving them the tools to achieve peace of mind and independence," said Michael Maddux, director of product at Verizon Telematics. "It's great to see the Hum team recognized for all the work they've done to create a simple, accessible and cutting-edge product and how committed they are to delivering safer, smarter and more connected driving experience for our customers."

IRVINE, Calif., May 2, 2017 -- The analysts at Kelley Blue Book www.kbb.com, the vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry, today reported the estimated average transaction price (ATP) for light vehicles in the United States was $34,552 in April 2017. New-car prices have increased by $579 (up 1.7 percent) from April 2016, while falling $48 (down 0.1 percent) from last month.   

"While new vehicle sales appear to be on the decline, most manufacturers are seeing higher retail transaction prices, with the industry average on new-car prices up for the month by nearly 2 percent," said Tim Fleming, analyst for Kelley Blue Book. "These increases appear to be primarily driven by the shift in demand toward SUVs, even with growing segments, such as subcompact SUVs and luxury compact SUVs, seeing year-over-year price declines. Kelley Blue Book anticipates average transaction prices will likely begin to decrease when the sales mix of SUVs eventually levels off."