Fuel Efficient Car Sales Rising
Americans are getting smarter about their car purchases as they bought fuel efficient cars and smaller trucks during the month of July. Gone are the days of the hummer and the gas guzzler. Some credit goes to the cash for clunkers program, but this was a trend started before the popular government program was put in place. Americans are looking for better value in their cars.
The average mileage for new vehicles rose from 21.4 miles per gallon in June to 22.1 mpg in July. That may not sound like much, but it's the highest mileage researchers at the University of Michigan have seen since the Environmental Protection Agency reconfigured mileage estimates in October 2007. It's also the biggest one month jump.
"We have made very little improvement over 84 years. Therefore, the changes we are seeing now are huge," Sivak said.
Those are only figures for new cars sold. Most cars on the road are older and it takes about 20 years for the fleet on the road to turn over completely. The new figures are a first step toward less pollution and less gasoline used, Sivak said.
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