Volkswagen to Buy Back Diesel Vehicles

Volkswagen AG has agreed to pay up to $15.3 billion in a settlement with regulators that requires the German automaker to buy back vehicles at pre-scandal prices and set aside funding for cleaner technologies.

Quantum Receives New Orders for Natural Gas Heavy Duty Truck Fuel Storage Systems

IRVINE, CA -- Quantum Fuel Systems Technologies Worldwide, Inc. announced that it has received a new purchase order from a leading natural gas vehicle system integrator for supplying its industry-leading, ultra-lightweight high capacity carbon composite compressed natural gas (CNG) storage tanks for long-haul trucks.

Automakers Boost 2003 Prices Slightly

Kumho Will Raise Tire Prices

SEOUL, SOUTH KOREA — Kumho Tire U.S.A. Inc. will raise its passenger and light truck tire prices up to seven percent, depending on tire model, on Aug. 1.

Gasoline Prices Stay Flat at $2.29 Per Gallon

The national average price of gasoline has remained flat in February, fluctuating only a few cents for the month and reaching $2.29 per gallon on Feb. 27, reports AAA.

Gas Prices Fall Nationwide But Remain High in Western U.S.

Although prices have fallen nationwide recently, five cents since last week and seven cents compared with a month ago, prices remain high in some states in the Western U.S. due to refinery issues in California, AAA stated.

IMPCO Automotive Announces Award of Gaseous Fuel QVM Program by Ford Motor Company

IMPCO Automotive, a division of IMPCO Technologies, Inc., has been awarded Gaseous Fuel Qualified Vehicle Modifier (QVM) Program member status by Ford Motor Company.

Gasoline Prices Decline as COVID-19 Cases Increase

As COVID-19 case numbers surpass 4 million, demand for gasoline is weakening across the country. The lower demand contributed to a cheaper national average on the week; this is the first time since late April that the national average has declined.

Third-Quarter Auto Sales Highest in Diesel Sweet Spots

The rebound in automotive sales of 31% in the third-quarter of 2020 is led by growth in pickup trucks and SUVs, categories with the most advanced, fuel-efficient diesel options, notes the Diesel Technology Forum.