U.S. New-Vehicle Fuel Economy Hits a Record High
The average government-rated fuel economy of new cars and light trucks sold in the U.S. in August was a record-high 24.9 mpg, according to the University of Michigan Transportation Research Institute.
UMTRI’s monthly calculation has advanced 4.8 mpg since it began in October 2007. On a model year basis, the sales-weighted average has advanced from 25.5 mpg in 2008 to an estimated 29.8 mpg this year.
The institute says average emission levels for new vehicles are dropping too. Its Eco-Driving Index, a measure of greenhouse gases produced per month by new vehicles purchased that month, has improved 19% since 2007.
I'm not talking about a plastic Revell model of a '57 Chevy, but a real vehicle, one that rolls off an assembly line in 1999 with another 99,999 just like it right behind. Is it possible, or is this just a fantasy of the marketing department at Elmer's?
A class-action lawsuit has been filed against General Motors Co. over claimed flaws in the company’s 8-speed automatic transmission used in 2015-2019 model rear-drive vehicles.
Chinese electric-car startup Nio Inc. is forming a manufacturing joint venture with Beijing E-Town International Investment and Development Co., which is investing 10 billion yuan ($1.5 billion) in the business.