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August U.S. Fuel Economy Index Up 2.4%

August U.S. Fuel Economy Index Up 2.4%

The average rating for cars was 29.7 mpg, and light trucks scored 21.2 mpg.

The average fuel economy of new light vehicles sold in the U.S. in August reached 25.4 mpg (9.3 L/100 km), up 2.4% from same-month 2013 and 21.4% from the base score of fourth-quarter 2007.

BMW reached a record high 28.2 mpg (8.4 L/100 km), boosted by sales of the new i8 plug-in hybrid coupe. BMW had the most improved score from last year, jumping 19.6%.

Mitsubishi remained the highest-scoring automaker (excluding electric-only Tesla), maintaining an outcome of 30.2 mpg (7.8 L/100 km) for the fourth month in a row.

Jaguar Land Rover, at 19.3 mpg (12.2 L/100 km), was still the only automaker below the 20-mpg (11.8-L/100 km) benchmark. Nonetheless, the automaker showed a 12.1% year-to-date improvement.

The company with the biggest decline from last year was Kia, which dropped 1.6% to 25.6 mpg (9.2 L/100 km), due primarily to fewer hybrid sales.

The average rating for cars sold was 29.7 mpg (7.9 L/100 km), 2.9% higher than same-month 2013 and 22.9% above the index base period. All car segments lost market share from year-ago, except midsize cars, which registered 30.2 mpg (7.8 L/100 km) score in August. The segment with the biggest drop in market share was small cars, the most fuel-efficient segment at 31.0 mpg (7.6 L/100 km)

The new i8 was a significant factor in the luxury-car segment’s 8.4% rating improvement over like-2013 to a best-ever 26.5 mpg (8.9 L/100 km).

Light trucks gained market share from last year, accounting for 52.6% of LV sales. In August, the vehicle-type hit 21.2 mpg (11.1 L/100 km), regaining its high point reached in February. CUVs ticked up to record 23.3 mpg (10.1 L/100 km).

National gasoline prices averaged $3.565 in August, resulting in the biggest month-to-month drop in nine months.

Although electric-vehicle sales share was up from July, hybrids and plug-in hybrids were slightly down.

Over the first eight months of the year, the index sat at 25.3 mpg (9.3 L/100 km), 2.3% higher than the same period in 2013.

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