63% of Americans Can't Afford $500 Car Repair or $1,000 Emergency Room Visit
NEW YORK, Jan. 6, 2016 /PRNewswire/ -- Almost two in three Americans don't have enough savings to pay for a $500 car repair or a $1,000 emergency room bill, according to a new Bankrate.com (NYSE: RATE) report. Click here for more information.
Only 37% of U.S. adults have enough savings to pay for these unexpected expenses. 23% would reduce their spending on other things to make ends meet, 15% would use credit cards and another 15% would borrow from family or friends.
Americans are most likely to part with restaurant meals when money gets tight: 58% are very or somewhat likely to cut back this year in order to save money. They would have a much harder time reducing their spending on alcohol (just 35% are very or somewhat likely to trim their spending in this area, the lowest of the five choices that were offered).
CHERRY HILL, N.J., Feb. 5, 2016 /PRNewswire/ Subaru of America, Inc. announced today that the 2016 Outback made Kelley Blue Book's 16 Best Family Cars of 2016 for meeting the needs of the modern family with emphasis on outstanding room for both passengers and cargo and excellent off-road capability.
SOUTH AMBOY, N.J., Feb. 1, 2016 -- What do you get when you combine love with a promise of safe driving? National Foundation for Teen Safe Driving calls it "Love Drives Me," a Valentine's Day campaign that raises awareness and reinforces the need to always make smart driving choices that can keep you safe and preserve a loving relationship for years to come.
BRUSSELS, Jan. 28, 2016 -- FIVA, the international federation of historic vehicles, has named 2016 as World Motoring Heritage Year – both in recognition of our motoring history, and to celebrate a new dawn for the historic vehicle movement throughout the world. This year also marks the 50th anniversary of FIVA, the Fédération Internationale des Véhicules Anciens. 
Irvine, Calif., Oct. 20, 2015 -- Even though 46 states have laws in place banning texting and driving, and 14 states ban the use of talking on a cell phone while driving[1], 97 percent of consumers say that distracted drivers who text or talk and drive are one of the biggest safety concerns impacting today's motorists, according to an all-new survey by Kelley Blue Book 
(Washington, February 8, 2016) - Domestic crude oil inventories reached their highest level for this time of year in nearly eight decades, and barring any major disruptions in supply, gas prices are likely to remain near their lowest price point since the Great Recession in the near term. Today’s average price of $1.74 per gallon reflects a savings of $1.07 per gallon versus the 2015 peak price reached this past June, and gas prices have fallen for 31 of the past 33 days. Pump prices are down six cents per gallon on the week, 24 cents per gallon on the month, and consumers are saving 44 cents per gallon versus this same date last year.
ENTREVILLE, Va., Feb. 10, 2016 /PRNewswire/ -- More than 47 million vehicles that people are driving, buying or selling in the U.S. have at least one unfixed safety recall, according to Carfax. The company's annual research on the issue suggests a net increase of more than one million vehicles from last year. In addition, every state now has at least 100,000 vehicles with an open recall.
