Average New-Car Fuel Economy at 7-Year High
New light-duty vehicles sold in the U.S. in November had a sales-weighted fuel economy average of 24.8 mpg, according to the University of Michigan's Transportation Research Institute.
#economics #regulations
New light-duty vehicles sold in the U.S. in November had a sales-weighted fuel economy average of 24.8 mpg, according to the University of Michigan's Transportation Research Institute.
The monthly average, also achieved four times earlier this year, is the highest since UMTRI began calculating the data in October 2007.
Researcher Michael Sivak notes that the model-year average fuel economy for all cars and light trucks sold in the U.S. has climbed 19% from 20.8 mpg in 2008 to 24.7 mpg for the 2013 year ended Sept. 30.
RELATED CONTENT
-
GM, Ford Evaluate Possible Economic Slump
General Motors and Ford say they have bolstered their cash reserves in case the trade war between the U.S. and China triggers a global recession.
-
Achieving Efficiency?
A look at on-road fuel economy changes over 92 years.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.