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For years traffic and fuel consumption in the US have been on the rise.
Not this year. As reported in the recent edition of Business Week,
traffic volume and fuel consumption have begun to fall...
"Preliminary figures from the Federal Highway Administration show
traffic levels last year fell 1.4%. Combine that with estimates of a
0.3% decline in consumption (the first decline in consumption since
1991) and it's clear that rising prices for fuel have begun to have a
tremendous effect. But using less gas is good, right? Not so fast. In
theory using less fuel is good, however in this case it's a product of
a larger problem. A slowdown in the economy, not because we're driving
more efficient vehicles. Automotive sales have fallen 8% so far in 2008
putting a strain on an already weakened industry. "
[SOURCE: www.autoinsane.com VIA www.businessweek.com READ THE FULL ARTICLE]
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I Want That: Backup Safety System
Introducing a "state-of-the-art" parking aide that uses ultrasonic technology to warn drivers when objects are detected as a vehicle backs... More >
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