Average New-Car Fuel Economy Unchanged
The average fuel economy of new passenger vehicles sold in the U.S. during the 2015 model year through May is 25.3 miles per gallon, unchanged from the previous model year, according to the University of Michigan's Transportation Research Institute.
#economics #regulations
The average fuel economy of new passenger vehicles sold in the U.S. during the 2015 model year through May is 25.3 miles per gallon, unchanged from the previous model year, according to the University of Michigan's Transportation Research Institute.
But the average for vehicles sold during May rose to 25.5 mpg from 25.2 mpg in April. Researchers say the increase may signal rising consumer interest in fuel-efficient vehicles as U.S. gasoline prices continue to rise.
Regular-grade gasoline currently averages $2.76 per gallon, up 13 cents from a month ago, according to the AAA Daily Fuel Gauge Report. AAA notes gasoline prices have been rising since late January, when they averaged about $2.03 per gallon.
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