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Fuel economy average for purchased vehicles increases in January

Posted On Wed, February 15, 2012

A report from TrueCar.com showed that the average fuel economy for new cars purchased in the United States increased during January.

The TrueMPG reading for January was 22.9 miles-per-gallon, which was an improvement from January 2011's figure of 22 miles-per-gallon, the report said. It also improved on December's figure, which was 22.2 miles-per-gallon. Hyundai witnessed the best January, as it averaged 27.4 miles-per-gallon fleet-wide, while Chrysler had the worst, with 19.5 miles-per-gallon.

"The national gas price average reached its highest levels ever in January and consumers continue to snap up the most fuel efficient vehicles," said Jesse Toprak, vice president of market intelligence at TrueCar.com. "If gas prices continue to increase, as expected over the spring and into the summer, we will continue to see record average fuel economy of newly purchased vehicles."

Consumers who feel they are paying too much for both gasoline and new vehicle costs could benefit from comparing auto insurance rates. Doing this could help a person find a plan that helps them save money in the long run.

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