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Report: New-vehicle purchase price on the rise

The average purchase price of a new car is on the rise, according to a recent report from automotive analysts at truecar.com. The average transaction price for passenger cars and trucks in the United States was $31,087 last month, up $339 from March 2012. Transaction price, or the out-the-door price, includes taxes, titles and fees.

Mazda outlines weight-loss program

Mazda Motor Corp. will reduce its vehicle weights by at least 220 pounds beginning in 2011, with a combination of lighter-weight materials, smaller vehicle footprints and new engineering processes, a top executive says. The typical Mazda vehicle has gained 80 pounds with each successive redesign, “mostly in larger tires and wheels, and safety equipment,” said Robert Davis, senior vice president of product development and quality for Mazda North American Operations.

Warning over Bank Holiday traffic chaos

MORE THAN two million Britons will head overseas for the bank holiday weekend, with those staying at home having to contend with busy roads and disrupted rail journeys. While some are taking to the air to travel to Mediterranean hotspots, anyone getting the car out in the UK will have to compete for road space with an estimated nine million other vehicles. Around 500,000 passengers are expected to depart from Heathrow airport over the weekend, as well as 234,000 from Gatwick, 172,000 from Manchester, more than 150,000 from Scotland's airports and 134,000 from Stansted.