Average fuel economy of vehicles sold in the U.S. in April dropped to 23.9 mpg

Article by Christian Andrei, on May 7, 2012

From a record average fuel economy of 24.1 mpg of new vehicles purchased in the U.S. last March, the rating for April declined to 23.9 mpg, according to researchers at the University of Michigan’s Transportation Research Institute. The researchers have been tracking the average fuel economy of new vehicles sold each month since October 2007, when the average fuel economy was 20.1 mpg. They said that the decline is probably because of the slight drop in gasoline price as the end of April neared.

Brandon Schoettle, an institute research associate and co-author of the report, said that gas prices have been falling ever since the first week in April. From 23.9 mpg in February, the average fuel economy increased to 24.1 mpg in March. Schoettle said that the gasoline price and the U.S. unemployment rate are both highly influential to the average fuel economy for new vehicles. If these two factors continue to drop, the interest in fuel-efficient vehicles will also weaken. According to AAA this week, the national average of a gallon of regular gasoline is $3.80. A month ago, a gallon cost $3.92. [source: DetroitBureau]

Topics: united states

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

BMW’s 550i xDrive has long been considered as one of the most successful business sedans in the world. For the brand, this may not be enough as it has officially...
by - January 20, 2017
Amazon is now moving beyond the four corners of online retailing. Only recently, the retail giant has been awarded a patent for its Road Network system. Since the patented technology...
by - January 20, 2017
The newest version of the Lamborghini Huracan is not a Superleggera, but a Performante. When Lamborghini filed for a patent for a new name, there were still debates whether this...
by - January 20, 2017
What is hotter and more menacing than a Hellcat? If we ask Dodge, its answer would be the “Demon.” Of course, we aren’t talking about a demon with horns and...
by - January 20, 2017
The 2018 model year could be an exciting year for fans and enthusiasts of the Chevrolet Corvette. This comes as the 2018 version of the Corvette is bound to feature...
by - January 19, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries