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WASHINGTON, June 11, 2019 -- U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled the list of June's Best New Car Deals. This month's list includes eight vehicles with excellent financing or cash back incentives. U.S. News also provides June's Best Lease Deals and Best Used Car Deals.

"This is the first summer in a long time where consumers have been in the driver's seat as the demand for new cars slows," said Jamie Page Deaton, executive editor of U.S. News Best Cars. "We're seeing plenty of good deals on popular models, including the Ford F-150. You can even save big at the other end of the automotive spectrum, with some incredible cash back on the Chevrolet Bolt EV."

June's Best New Car Deals

2019 BMW X1

8.9

0.9% financing for 60 months

2019 GMC Sierra 1500

8.2

0% financing for 72 months

2019 Chevrolet Bolt

8.3

Up to $4,000 cash back or 0% financing for 72 months and $1,250 cash back, depending on region

Nearly every state’s gas price average is cheaper than a week ago, a month ago and a year ago. Today’s national average is $2.74, which is seven-cents cheaper than last week, 13-cents less than a month ago and 18 cents cheaper than a year ago.

“Refinery utilization in the United States is at its highest level since early January, resulting in overall gasoline stocks at healthy levels to meet robust summer demand. Prices are dropping due to cheaper crude oil and at the same time U.S. supply is keeping pace with demand,” said Jeanette Casselano, AAA spokesperson. “The national average is poised to fall to at least $2.70 this week – an indication that pump prices may be even cheaper this summer.”

For the last three weeks demand has remained relatively robust at 9.4 million b/d. Meanwhile, gasoline stocks have increased weekly with total inventories at nearly 4 million bbl ahead of the five-year average, according to Energy Information Administration (EIA) data.

Quick Stats

The nation’s top 10 largest weekly decreases are: Ohio (-21 cents), Indiana (-17 cents), Michigan (-15 cents), Illinois (-11 cents), Kentucky (-10 cents), Oklahoma (-9 cents), Maine (-8 cents), Wisconsin (-8 cents), Nebraska (-8 cents) and South Carolina (-7 cents).

The nation’s top 10 least expensive markets are: Mississippi ($2.32), Louisiana ($2.35), Alabama ($2.35), South Carolina ($2.36), Arkansas ($2.40), Texas ($2.41), Tennessee ($2.42), Oklahoma ($2.46), Missouri ($2.48) and Virginia ($2.49).

Great Lakes and Central States

On the week, the top five states in the country with the largest declines hail from the Great Lakes and Central region: Ohio (-21 cents), Indiana (-17 cents), Michigan (-15 cents), Illinois (-11 cents), and Kentucky (-10 cents). Joining these five to round out the top 10 list are Wisconsin and Nebraska with eight-cent declines at the pump. Gas prices are cheaper across the region and range from $2.89 in Illinois – which is the 13th most expensive state average in the country – to $2.49 in Missouri, which is the ninth cheapest state average in the country.

Gas prices dropped alongside a build in gasoline stocks. According to EIA data the region saw inventory build by 300,000 bbl to total 48.1 million bbl, which is below the five-year average of 50.8 million. Refinery utilization slid back a percent to 83% and is the lowest utilization rate for the week ending May 31 among all five regions in the country. Despite the deficit in stocks and low refinery utilization rate, gas prices are expected to remain stable; though during the summer, some states may see weekly spikes – declines or increases – due to the typical volatility in the region.

Arizona is a beautiful state, there’s no doubt about that, and we enjoy some scenic drives here, too. Driving in the summer heat, however, can be challenging. Summertime temperatures often top 100-degrees. It’s important to make sure that both you and your vehicle are fully prepared.

Statistics show that the most common cause of summer vehicle breakdowns is overheating. The good news is that by simply following some preventative maintenance tips, you can significantly reduce your chances of getting stranded on the roadside this summer. Here are a few places to start:

Check coolant and other fluid levels
Just as people can get dehydrated when the temperatures skyrocket, cars can too. The heat evaporates fluids more quickly. This creates the potential for there to not be enough fluid to adequately perform functions such as cooling. Checking fluid levels frequently can help alert you to any deficiencies before they cause more serious problems.

Maintain your air conditioner
An air conditioning system that is already showing wear or signs of malfunctioning will almost certainly fail during extreme temperatures. Keeping it operating smoothly is important for passenger comfort. It is also a safety factor if you have a breakdown or even if you get stuck in a summer traffic jam. This is especially true if your passengers are children or pets. They are unable to adequately cope with the heat if the AC isn’t working.

Practice proper tire maintenance
Hot weather can have a negative impact on tires, causing them to break down faster and even crack, leaving you with a greater chance for blowouts during driving. Good tire maintenance protocol includes maintaining the proper air pressure, frequent inspection of treads, and tire rotation every 5,000 miles or as recommended by your auto repair professional.

New renewable energy sources on the rise with growth of battery-powered automobiles

DENVER, June 6, 2019 -- While vehicle-to-grid (V2G) integration remains more concept than reality in the U.S., it will likely afford economic value to cost-conscious utilities and their ratepayers in the long term. According to a new report from CoBank's Knowledge Exchange Division, the ownership of electric vehicles are on the rise as they are becoming less expensive, more convenient to drive, more abundant, and therefore meaningful as potential utility resources.

"Though it is small now, the U.S. market share of EVs is projected to grow rapidly beginning in the mid- to late-2020s. Currently, 5 million plug-in EVs have been sold globally. The U.S. accounted for over 1 million of those," said Tom Binet, senior economist for power, energy and water at CoBank. "Automobile manufacturers, various electric utilities, and research institutions are working to address multiple technical and non-technical hurdles to EVs' widespread integration with the grid."

While today's U.S. consumers routinely express interest in the fuel savings and environmental benefits afforded by EVs, considerations of first-owner cost and convenience usually win out. With the rising popularity of EVs due to their greater affordability and range, V2G integration could become a new tool for electric utilities in the next decade. 

CoBank's report Electric Vehicle-to-Grid Integration: From Concept to Reality gives a deeper look into the future of harnessing EVs as a resource for the grid.

AAA Forecasts Summer National Gas Price Average to Drop to $2.70

“For consumers today, paying more to fill-up their gas tank may feel less shocking due to the national average pushing within pennies of $3/gallon the last two spring seasons,” said Jeanette Casselano, AAA spokesperson. “However, there is good news for consumers this summer – the highest prices of the year could be in the rearview mirror. With most refineries operating at normal levels, demand at robust rates, and cheaper crude oil prices, summer gas prices are poised to be a little less than last year –dropping as much as a dime to lower the national average to $2.70.”

Even with Americans being more tolerant of higher gas prices, you can still expect 74% of Americans to make lifestyle changes to offset increased pump prices. Of those, nearly a quarter (24 percent) say $2.75 – a price consumers will see for sure at the pump this summer — as the price that would push them toward changing habits or choices, including:

Combining errands or trips – 65% (down from 79% in 2018)

Driving less – 60% (down from 73% in 2018)

Reducing shopping or dining out – 49% (down from 61% in 2018)

Delaying major purchases – 43% (down from 50% in 2018)

Driving a more fuel efficient vehicle – 35% (down from 46% in 2018)

This year, the most expensive West Texas Intermediate (WTI) crude oil prices, which AAA tracks to understand impact on pump prices, have ranged between $65 and $66/bbl. Most recently WTI crude fell as low as $53/bbl. That is cheaper than last summer when prices ranged between $65 and $73 per barrel – with most daily prices hovering just under $70 per barrel. Historically, crude oil prices and domestic gasoline demand have determined the price Americans pay at the pump in the summer months. And, that’s no different this summer.

NASHVILLE, Tenn., May 28, 2019 -- Bridgestone Corporation, including Bridgestone Americas, Inc. (Bridgestone), was named a GM Supplier of the Year by General Motors during its 27th annual Supplier of the Year awards ceremony recently held in Detroit. This is the 17th time and fourth consecutive year Bridgestone has received the award.

"We are honored once again to receive this award as it is a testament to the hard work and dedication of our teammates globally to design best-in-class products that meet and exceed the needs of our customers," said Shannon Quinn, president, original equipment sales, U.S. and Canada, Bridgestone Americas Tire Operations. "We have a longstanding partnership with GM and look forward to continuing to work together to deliver future mobility solutions."

During the event, GM recognized 133 of its best suppliers from 15 countries that have consistently exceeded GM's expectations, created outstanding value or introduced innovations to the company.

"We hold our suppliers to a high bar," said Steve Kiefer, GM senior vice president, Global Purchasing and Supply Chain. "They went above and beyond to deliver the innovations and quality that will help us earn customers for life."

The Supplier of the Year award winners were chosen by a global team of GM purchasing, engineering, quality, manufacturing and logistics executives. Winners were selected based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales, and Logistics.

For the 37.6 million Americans who hit the road this past Memorial Day weekend, the vast majority found savings at the pump compared to last year’s holiday. Today, 42 states and Washington, D.C. have gas price averages that are less expensive year-over-year, with Floridians (-31 cents) seeing the largest yearly change. Motorists in West Coast states are the exception, paying nearly double-digits more than last May to fill up.

“Gas prices have declined, on average, by at least a nickel, for the majority of the country since the beginning of May and that’s a trend motorists can expect to continue into early June,” said Jeanette Casselano, AAA spokesperson. “Stable crude oil prices are helping to push prices down at the pump despite tight domestic gasoline supply and robust demand. A bump in demand could push prices higher, but only by a few cents.”

Today’s national average is $2.82, which is cheaper than last week by two cents, last month by six cents and last year by 16 cents.

Quick Stats

The nation’s top 10 yearly decreases are: Florida (-31 cents), Delaware (-28 cents), New Mexico (-27 cents), Kentucky (-25 cents), Texas (-24 cents), Louisiana (-24 cents), Georgia (-24 cents), Mississippi (-23 cents), Alabama (-23 cents) and Michigan (-22 cents).

The nation’s top 10 least expensive markets are: Mississippi ($2.42), Louisiana ($2.43), Alabama ($2.43), South Carolina ($2.46), Arkansas ($2.48), Missouri ($2.52), Tennessee ($2.52), Texas ($2.52), Oklahoma ($2.55) and Virginia ($2.56).

South and Southeast

Seven South and Southeast states make the top 10 list for largest yearly savings at the pump: Florida (-31 cents), New Mexico (-27 cents), Louisiana (-24 cents), Texas (-24 cents), Georgia (-24 cents), Mississippi (-23 cents), and Alabama (-23 cents). In the region, Oklahomans are seeing the smallest year-over-year gas price change at -14 cents.

On the week, gas prices are cheaper across the region. South Carolina was the outlier again, seeing a one cent jump since last week. State gas price averages range from $2.60 in Georgia to $2.42 in Mississippi.

With a build of 514,000 bbl, stocks are at their highest level – 83 million bbl – for the region in two months. The Energy Information Administration (EIA) report for the week ending May 17 shows refinery utilization holding steady at the 94% level. Steady utilization and increasing stocks are helping to push prices cheaper for motorists in the region.

Gas prices are as much as six cents cheaper in some states across the country on the week, which has pushed the national gas price average cheaper by a penny to $2.85 today. That average could have been even lower had a handful of Midwest states not seen prices increase by more than a nickel due to ongoing refinery maintenance.

“Gas prices are getting cheaper for the majority of motorists despite the fact that U.S. gasoline stocks sit at a 7 million bbl deficit year-over-year. Crude oil prices have remained relatively stable the past few months, which is one reason helping gas prices be cheaper than last year at this time,” said Jeanette Casselano, AAA spokesperson. “Today, motorists can find gas for $2.50 or less at nearly half of all gas stations in the country.”

Compared to last month, today’s national average ($2.85) is cheaper by a penny and is seven cents cheaper year-over-year.

Quick Stats

The nation’s top 10 largest weekly changes are: Ohio (+11 cents), Michigan (+7 cents), Florida (-7 cents), Illinois (-5 cents), North Carolina (-4 cents), South Carolina (-4 cents), Delaware (-4 cents), Mississippi (-4 cents), Indiana (+3 cents) and Georgia (-3 cents).

The nation’s top 10 least expensive markets are: Louisiana ($2.45), South Carolina ($2.45), Alabama ($2.45), Mississippi ($2.45), Arkansas ($2.50), Tennessee ($2.54), Missouri ($2.54), Oklahoma ($2.56), Texas ($2.57) and Kansas ($2.58).

Great Lakes and Central States

Amid refinery maintenance, gasoline stocks dropped by 700,000 bbl, squeezing total levels to 49.4 million bbl, according to the Energy Information Administration (EIA). This is not only the lowest level of the year, but a stock level historically only recorded in the second half of the year for the region and certainly not a level seen going into peak driving season. The draw was one of the reasons three states in the region were among the top five weekly increases in gas prices in the country: Ohio (+11 cents), Michigan (+7 cents) and Indiana (+3 cents). These jumps mostly wiped up any decreases seen last week for these three states.  All other states in the Great Lakes and Central States saw pump prices decline by as much as a nickel on the week.

Illinois ($2.97) remains the most expensive price in the region followed by Indiana ($2.84) and Michigan ($2.83). Missouri ($2.54) and Kansas ($2.58) carry the cheapest.

As previously reported, the region averages stock levels around 52 million bbl ahead of Memorial Day. With levels facing a 2.6 million bbl deficit, motorists should not be surprised if gas prices inch up this month, especially as refinery utilization remains under 90%.

ORLANDO, Fla. (May 15, 2019) – Nearly 43 million Americans will start their summers on a high note with a Memorial Day weekend getaway. This long holiday weekend, marking the unofficial start of summer vacation season, will see the second-highest travel volume on record since AAA began tracking holiday travel volumes dating back to 2000, trailing only the bar set in 2005. Overall, an additional 1.5 million more people will take to the nation’s roads, rails and runways compared with last year, a 3.6% increase.

Despite a rising national gas price average that is inching closer to the $3 per gallon mark, the vast majority of holiday travelers will drive to their destinations. For these motorists, INRIX, a global transportation analytics company, expects travel delays on major roads could be more than three times longer than normal during evening commutes.

“Americans are eagerly anticipating the start of summer, and expensive gas prices won’t keep them home this Memorial Day weekend,” said Paula Twidale, vice president, AAA Travel. “Consumer spending remains strong, helped by solid job and income growth. Families continue to prioritize spending their disposable incomes on travel, and near-record numbers of them are looking forward to doing just that for Memorial Day.”

ORLANDO, Fla. (May. 9, 2019) – AAA’s latest survey reveals that despite many Americans having interest in electric vehicles, when asked if most vehicles will be electric by 2029, only 4 in 10 said yes. Yet, a separate study AAA conducted earlier this year found that more than half of Americans believe that in this same timeframe most cars will have the ability to drive themselves – a reality that is much less likely to happen. AAA believes that similar to other emerging technologies, a lack of knowledge and experience may be contributing to the slow adoption of electric vehicles despite Americans’ desire to go green.

“Today, more than 200,000 electric cars can be found on roads across the country as almost every manufacturer sells them,” said Greg Brannon, AAA’s director of Automotive Engineering and Industry Relations. “But, like other new vehicle technologies, Americans don’t have the full story and that could be causing the gap between interest and action.”

AAA’s annual survey that tracks opinions regarding electric and hybrid vehicles found that while consumer interest remains steady, Americans may not have a solid understanding of electric vehicle performance, which may be giving consumers pause when it comes to considering electric for their next purchase. For instance, electric vehicles, unlike those running on gas, do better in stop and go traffic because the car can recapture energy to charge the battery when decelerating. However, AAA’s survey found that a majority of Americans (59 percent) were unsure of whether electric vehicles have better range when driving at highways speeds or in stop and go traffic. This demonstrates that many consumers are not sure what to expect from an electric vehicle in two of the most common driving scenarios.