Fuel Economy Update for October - 2014 Chevrolet Silverado 1500 Z71 LT Crew Long-Term Road Test

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November 4, 2013

In the month of October, our long-term 2014 Chevrolet Silverado spun an additional 2,137 miles onto its odometer and consumed 124.5 gallons of 87-octane fuel. That equates to 17.2 miles per gallon for the month, which is just a hair less than its lifetime average of 17.3 mpg.

These results so far are less than the truck's EPA combined rating of 19 mpg.

Jason Kavanagh, Engineering Editor

Worst Fill MPG: 12.5
Best Fill MPG: 21.0
Average Lifetime MPG: 17.3
EPA MPG Rating: 19 (16 City/23 Highway Combined)
Best Range: 469.2 miles
Current Odometer: 10,477 miles

Note: Cars are sometimes refueled before their fuel tanks are nearly empty. As such, "best" and "worst" fuel economy entries above are not necessarily the result of an entire tank's worth of driving.

Fuel economy update for October 2013 Hyundai Santa Fe long term Road Test

On 5 november, 2013

We drove our long-term 2013 Hyundai Santa Fe SUV 1,805 miles since last fill-up at the end of September. Its lifetime average has increased to 20 mpg or 0.2 mpg better than we achieved in October.

EPA estimated combined fuel economy of Santa Fe 20 mpg.

Our best and worst thoughts 25.0 mpg and 15.1 mpg unchanged in October, as did our best selection of 424 km.

Worst play MPG: 9.4
Best refill MPG: 25.0
Average lifetime MPG: 20.0
EPA MPG Rating: 20 combined (18 City/24 Highway)
Best range: 424 km
Current mileage: 9,884 km

Kelly Toepke, News Editor @ 9,884 km

Detroit 3 Report Double-Digit Sales Gains in October | Edmunds.com

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Sales of the 2014 Chevrolet Silverado and GMC Sierra increased 62 percent from September 2013. | November 01, 2013 | General Motors Corporation

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Just the Facts:The government shutdown did not put the brakes on October car sales as the Detroit 3 reported double-digit gains on Friday.General Motors said its U.S. sales were up 16 percent in October, while Chrysler reported an 11 percent sales increase.Ford said sales rose 14 percent on the strength of its F-Series trucks, Ford Fusion and Fiesta.

DETROIT — The government shutdown did not put the brakes on October car sales as the Detroit 3 reported double-digit gains on Friday.

"Once again, the U.S. car buyer proved to be stunningly resilient," said Michelle Krebs, Edmunds senior analyst. "Indeed, car sales slowed during the two-week government shutdown, but picked up once again when the shutdown ended."

General Motors said its U.S. sales were up 16 percent in October with 226,402 vehicles delivered.

"The sales tempo really picked up after the government shutdown ended," said Kurt McNeil, vice president of GM's U.S. sales operations, in a statement. "We are particularly pleased with our truck momentum."

Sales of the 2014 Chevrolet Silverado and GMC Sierra increased 62 percent from September 2013.

Chrysler reported an 11 percent sales increase with U.S. sales of 140,083 vehicles. The 2014 Jeep Cherokee went on sale in October, recording sales of 579 units in its partial month of sales. The Dodge Durango was a strong performer with a 59 percent increase.

The Durango is the subject of a new advertising campaign starring Will Ferrell as goofy news anchor Ron Burgundy.

"After a choppy start to the beginning of the month, Chrysler Group sales accelerated in the second half of the month with renewed consumer confidence and the launch of our all-new Jeep Cherokee," said Reid Bigland, Chrysler head of U.S. sales, in a statement.

Ford said sales rose 14 percent on the strength of its F-Series trucks, Ford Fusion and Fiesta. The Lincoln brand posted an overall increase of 38 percent, largely due to the 2014 Lincoln MKZ. Ford recorded total U.S. sales of 191,985 vehicles.

Hyundai reported an October sales increase of 7 percent, due to strong sales of the 2014 Hyundai Santa Fe, Sonata and Equus.

"Post-shutdown rebound drives record 53,555," tweeted John Krafcik, Hyundai Motor America CEO.

Nissan was up 14 percent in October. Volkswagen of America was a bleak spot in the monthly report, with 28,129 vehicles delivered in October for a drop of 18 percent.

Edmunds says: Bad news out of Washington did little to stop sales for most automakers.

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Fuel economy update for October 2013 Dodge Dart SXT Rallye long-term Road Test

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PwC TaxTalk Monthly - October 2012

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Recent updates in the areas of Corporate Tax, Indirect Tax, International Tax, Legislation, State Taxes and other news. Read more...

Mid-Year Economic and Fiscal Outlook - 22 October

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Last week the Federal Government released exposure draft legislation to implement reforms to the tax concession for living–away–from–home allowances (LAFHAs) and benefits as announced in the 2011-12 Mid-Year Economic and Fiscal Outlook (MYEFO) and the 2012-13 Budget. These reforms, which represent significant employment policy and procedural changes, are summarised as follows: From 1 July 2012, LAFHAs will constitute assessable income of the employee. The direct provision of, or reimbursement of food and accommodation by employers to employees who are living away from home will still fall within the FBT net.An employee will only be eligible for an income tax deduction against the assessable LAFHA (or the employer eligible to apply the 'otherwise deductible rule') where:the employee maintains a usual place of residence in Australia for their personal use or enjoyment at all timesthe expenses incurred are reasonable and, for food, beyond a statutory threshold, andthe living away from home period at a particular work location has not exceeded 12 months.Transitional relief will be available where there was an existing employment arrangement to provide LAFHAs or benefits prior to Budget night. These will apply from 1 July 2012 until the earlier of 30 June 2014 or the time the 'eligible' employment arrangement is varied or renewed. The transitional rules apply as follows:for temporary or foreign residents: you ignore the 12 month limitation, orfor everybody else: you ignore the requirements to maintain a usual place of residence in the former location and the 12 month limitation.Broadly and practically speaking:living away from home concessions for temporary residents are eliminatedsalary sacrifice arrangements for living away from home concessions (other than certain home leave, overseas employee children education costs and relocation expenses) will cease to be attractive, andliving away from home concessions for Australian residents will be phased out by 1 July 2014, with ongoing concessions limited to specific scenarios where duplicate expenses are being incurred.Given the new legislation will be effective from 1 July 2012, employers need to promptly consider the following:Determine what living away from home benefits will continue to be provided and which will be phased out (including consideration of employment contractual and Award/EBA obligations and agreement on employee compensation arrangements, if any).Communicate these changes to employees.Update policies and procedures regarding availability and approval of such benefits.Determine which employees are eligible for transitional arrangements and 'preserve' those arrangements.Implement changes to your payroll system and processes to reflect the shift from FBT to the PAYG withholding system (recording/withholding/remitting/reporting).Keep your eyes open for further administrative guidance from the ATO (as noted in the Media Release)Please ensure you forward this information on to your Human Resources team should you believe your business to be affected.

Exposure Draft and Explanatory Memorandum Treasury Summary of Changes