VW to introduce new EV
Volkswagen will introduce the newest member of its all-electric family on Jan. 3 and offer a display of the vehicle at CES 2023 in Las Vegas.
In addition to revealing a camouflaged version of the all-new electric vehicle, the name will also be announced, according to VW.
Volkswagen will have the Chattanooga-built ID.4 electric SUV in Las Vegas to support the reveal of the addition to the ID family as well as the European version of the ID. Buzz. The Buzz is to make its debut in dealerships in the United States next year.
GasBuddy unveils 2023 fuel outlook
The yearly national average price of gas in 2023 is forecast to drop nearly 50 cents per gallon from that of 2022 to $3.49, according to GasBuddy’s Fuel Outlook.
Continuing improvement in refinery capacity will help alleviate gasoline and diesel prices, though high levels of uncertainty remain amid Russia’s ongoing war on Ukraine and continuing economic concerns, the outlook said.
But the report said that a $4 national average remains possible ahead of and during the summer driving season.
Patrick De Haan, head of petroleum analysis at GasBuddy, said 2023 “is not going to be a cakewalk for motorists. It could be expensive. The national average could breach $4 per gallon as early as May – and that’s something that could last through much of the summer driving season. Basically, curveballs are coming from every direction.”
— Compiled by Mike Pare