Fuel Economy Hits All-Time High, Say University of Michigan Researchers


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    U.S. fuel economy is at an all-time high, according to a new report. | November 06, 2012

Just the Facts:
  • Fuel economy of all new vehicles sold in the U.S. is at its highest level ever, according to University of Michigan researchers.
  • Average fuel economy of cars, light trucks, minivans and SUVs purchased in October was 24.1 mpg, up from 23.8 in September.
  • New vehicle sales showed a 4-mpg gain from October 2007 to October 2012, an improvement of about 20 percent.

ANN ARBOR, Michigan — Fuel economy of all new vehicles sold in the U.S. is at its highest level ever, according to University of Michigan researchers.

Average fuel economy of cars, light trucks, minivans and SUVs purchased in October was 24.1 mpg, up from 23.8 in September.

"The mark sets a new record," said University of Michigan's Transportation Research Institute in a statement on its Web site on Tuesday.

New vehicle sales showed a 4-mpg gain from October 2007 to October 2012, an improvement of about 20 percent.

"The improvement in fuel economy in the past five years corresponds to a 17 percent reduction in fuel consumption per distance driven," said Michael Sivak, a University of Michigan Transportation Research Institute research professor, in a statement.

Edmunds says: Some positive news for consumers — and the environment.

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