Published

U.S. Fuel Economy Index Up

The average fuel economy of new light vehicles sold in the U.S. in August reached 25.4 mpg, an increase of 2.4% from August 2013 and an impressive 21.4% from fourth quarter 2007.
#economics

Share

The average fuel economy of new light vehicles sold in the U.S. in August reached 25.4 mpg, an increase of 2.4% from August 2013 and an impressive 21.4% from fourth quarter 2007. Mitsubishi Motors Corp. continued as the highest scoring automaker (absent Tesla Motors Inc.) while the new i8 helped improve BMW AG's overall fuel efficiency. (WardsAuto)

Read more

RELATED CONTENT

  • Porsche Doubles EV Target for 2025

    Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.

  • VW Warns of Higher Costs to Develop EVs

    CEO Herbert Diess says the €20 billion ($23 billion) Volkswagen AG has budgeted to electrify its entire vehicle lineup won’t be enough to meet that goal.

  • Ford’s $42 Billion Cash Cow

    F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.

Gardner Business Media - Strategic Business Solutions