ANN ARBOR, Michigan – The average fuel economy for new vehicles sold in November stood at 25 mpg, down 0.1 mpg from October, according to researchers Michael Sivak and Brandon Schoettle of the University of Michigan Transportation Research Institute.
“This decline likely reflects the continuing drop in the price of gasoline in November and the consequent increased sales of pickup trucks, SUVs and crossovers,” the researchers said on Friday.
Fuel economy is down 0.8 mpg from the peak reached in August 2014, but is still up 4.9 mpg since October 2007, when the Institute began monitoring fuel economy numbers.
The November University of Michigan Eco-Driving Index stands at 0.83 in September, up 0.02 from August. This indicates that the average new-vehicle driver produced 17 percent lower emissions in September 2015 than in October 2007, but 5 percent higher emissions than the record low reached in August 2014.
The November car sales report showed that shoppers are snapping up SUV models, including the Cadillac SRX, Ford Edge and Honda Pilot.
Trucks sales were also strong last month, especially for the Ford F-Series and Ram 1500.
The AAA Daily Fuel Gauge Report on Friday pegged the average price of a gallon of unleaded regular gasoline at $2.04, versus $2.72 a year ago.
“With Thanksgiving in the rearview, the national average eyes the $2 mark,” said AAA.
Edmunds says: This latest fuel economy report, combined with strong sales of pickup trucks, SUVs and crossovers, shows that car shoppers continue to take advantage of low fuel prices.