Although there is a lot of talk about regarding the new fuel-economy standards that are requiring automakers to improve the mpg ratings of their car fleets overall, we all know that consumers' "vote" on their favorite models based on the cars they buy. In 2012, consumers purchased more fuel-efficient cars than ever.
An analysis of actual fuel-economy numbers for the new cars that were purchased in 2012 shows that the cars consumers purchased average 23.1 mpg, compared to 22.3 mpg in 2011, according to an analysis by TrueCar. Part of the reason for the increase is that consumers are gravitating toward cars with better fuel economy as a way to save money on gas.
In addition, automakers also are building more fuel-efficient cars than ever as a whole, which means they are offering more fuel-efficient cars that consumers want to buy.
On average, automakers improved the fuel economy in their car fleets by 1.2 mpg and their truck fleets by 0.3 mpg, which translated to a 0.8 mpg improvement on average. TrueCar says that a 0.8 mpg improvement reduces fuel use by 348 million gallons, saving about $1.2 billion in fuel costs in the U.S. annually.
How about you? Are you gravitating toward a fuel-efficient car for your auto purchase?
Tara Baukus Mello writes the cars blog as well as the weekly Driving for Dollars column, providing both practical financial advice for consumers as well as insight into the latest developments in the automotive world. Follow her on Facebook here or on Twitter @SheDrives.