Americans Buy Less Efficient Models as Fuel Prices Dip
The fuel economy of new vehicles sold in the U.S., which had improved over six months to a record high in March, worsened last month as gasoline prices eased, researchers at the University of Michigan Transportation Research Institute say.
#economics
The fuel economy of new vehicles sold in the U.S., which had improved over six months to a record high in March, worsened last month as gasoline prices eased, researchers at the University of Michigan Transportation Research Institute say.
The fuel economy of cars and light trucks purchased in April averaged dipped to 23.9 mpg from 24.1 in March, according to UMTRI. But the group says fuel-efficiency has improved 18% (3.8 mpg) since it began tracking the data in October 2007.
UMTRI says its Eco-Driving Index an estimate of the average monthly emission of greenhouse gases per newly purchased car improved 6% from December to February. The index, which factors in vehicle fuel efficiency and the distance driven, is published with a two-month lag.
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