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Average Fuel Economy Drops
The University of Michigan Transportation Research Institute (UMTRI) reports average fuel economy fell a precipitous .5 miles per gallon in September. "This large drop likely reflects the increased sales of light trucks and SUVs, and the reduced demand for fuel efficient vehicles of all types because of the falling gas prices," says UMTRI research professor Michael Sivak. (24/7 Wall St.)
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The University of Michigan Transportation Research Institute (UMTRI) reports average fuel economy fell a precipitous .5 miles per gallon in September. "This large drop likely reflects the increased sales of light trucks and SUVs, and the reduced demand for fuel efficient vehicles of all types because of the falling gas prices," says UMTRI research professor Michael Sivak. (24/7 Wall St.)
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