With sales of truck and utility vehicles continuing to rise, the average fuel economy window-sticker value of new vehicles sold in the U.S. in February was 25.1 mpg—unchanged from the value for January, according to the University of Michigan Transportation Research Institute.
The value for February is up 5.0 mpg since October 2007, the first month of UMTRI began tracking it, but down 0.4 mpg from the peak of 25.5 mpg reached in August 2014.
The short-term number continues to decline as gas prices remain below $2.50 per gallon. Since the dramatic fall in fuel prices nearly two years ago, buyers have been buying full-size trucks and SUVs in ever-increasing numbers, driving the average down. (more…)