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New Passenger Vehicles Have Record Fuel Efficiency

Industry analysts Baum & Associates have released data on fuel efficiency for new passenger vehicles entering the U.S. in the first half of 2012. The firm found that from January to June of 2012, the average fuel efficiency of new passenger vehicles was 23.8 MPG. That was a 1.1 MPG improvement on the record of 22.7 MPG set over the same six months in 2011.

“Thanks to a bumper crop of fuel efficient models in the most popular segments, consumers don’t have to choose between fuel efficiency and performance,” said Alan Baum, principal of Baum & Associates. “No matter what type of vehicle you want, midsize car, minivan, SUV or pickup truck, carmakers are now upping fuel efficiency performance across the board. The new era of auto fuel efficiency is truly here.”

Based on the year-to-date sales data from model year 2012 (October 2011 to June 2012), as tracked by the University of Michigan, the U.S. fleet fuel efficiency average is expected to exceed government regulators’ forecast of a fleet wide average of 23.4 mpg for model year 2012.

Toyota Motor Corp.’s (NYSE: TM) Prius tops the list of the most fuel efficient cars for 2012-2013. Ford Motor Co.’s (NYSE: F) Fusion Hybrid is also in the top ten.

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Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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