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Americans Purchasing More Efficient Vehicles

“The nation’s passenger vehicle marketplace is in the midst of a major transformation according to new research undertaken by the Consumer Federation of America (CFA). More than ever before consumers are purchasing, and planning to purchase, vehicles with increased fuel economy. Car manufacturers, in the meantime, are making improvements both to meet this demand and to comply with new federal standards. From 2008 to 2014, the average fuel economy of new cars increased by 20 percent from 21 miles per gallon (mpg) to 25.6 mpg…in 2014, a consumer who drives a typical 2014 new car model will spend almost $300 less for gasoline than someone who drives a typical 2008 new car model (assuming both drove 15,000 miles this year, and in spite of the fact that gasoline was somewhat less expensive in 2008).

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