LotLinx Weekly News Vol. 209: Silly rabbit, gas prices are still high!

FROM CAR AND DRIVER: Gas Prices Drop Two Weeks in a Row, and Now E15 Gas Will Be Allowed Over Summer

Gas prices have begun a consistent decline from March’s $4.326 per gallon peak. The U.S. government is now releasing oil reserves and allowing previously-regulated ethanol sales to combat fluctuating barrel prices.

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FROM NEWSWEEK: The Auto Disruptors Making the Cars of the Future Today

Today’s top auto manufacturers are competing to provide their consumers with unlimited advantages, including (but not limited to) technology, sustainability, entertainment, and style.

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FROM THE NEW YORK TIMES: Few Cars, Lots of Customers: Why Autos Are an Inflation Risk

Vehicle prices could continue rising faster and for longer than analysts initially predicted. The Consumer Price Index for used vehicles is up 35.3% year over year, while new vehicle prices have jumped 12.5%.

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FROM REUTERS: Automakers Accelerate Drive to Secure Battery Raw Materials

The race to electrification continues to heat up as manufacturers hunt down necessary materials. Check out the latest production updates from your OEM.

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