In 1992, cars were equipped with more advanced technological features like anti-lock brakes, airbags, and electronic fuel injection systems. The average price of a new car was around $16,000 in the United States. Some popular models included the Honda Accord, Toyota Camry, Ford Taurus, and Chevrolet Corvette. Gasoline was relatively cheap, with an average price of around $1 per gallon. The most fuel-efficient cars of the time could achieve up to 40 miles per gallon on the highway. The automotive industry was beginning to shift towards more environmentally-friendly vehicles, with the introduction of electric and hybrid cars. However, most cars on the road still ran on gasoline, and emissions regulations were not as strict as they are today.
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