Cars and Drivers

Average Fuel Economy for 264 Million US Light Vehicles: 22 Miles per Gallon

LA sunset
Thinkstock
In 1923, the average fuel economy of all vehicles on U.S. roads and highways was 14 miles per gallon (mpg). Fifty years later that fuel economy rating had dropped to 11.9 mpg. Since then, fuel economy has risen slowly to a rating of 17.9 mpg for all vehicles in the U.S. fleet.

Including just cars and light trucks and beginning in 1965, all light vehicles saw fuel economy drop from 13.5 mpg to 12.9 mpg in 1973, the year of the first oil embargo. Fuel economy rose to 19.6 mpg by 1991 but has since slowed and now stands at 22 mpg for all cars and light trucks on U.S. roads.

The data were reported this week by Michael Sivak and Brandon Schoettle of the University of Michigan Transportation Research Institute. The report also includes data for medium- and heavy-duty trucks.

The entire fleet of light-duty vehicles (passenger cars, pickups, SUVs, and crossovers) in the U.S. at the end of 2016 totaled 264 million registered vehicles. The average age of a light-duty vehicle is currently 11.6 years. Total new car sales in the U.S. last year reached 17.6 million light-duty vehicles, just 7.6% of the total number of vehicles on U.S. roads and highways.

If new car sales remained at 2016 levels it would take 15 years to replace all the light vehicles currently on U.S. roads.

The University of Michigan report also notes prior research indicating that improving fuel economy is more beneficial at the lower end of the fuel economy distribution curve. For example, an improvement in fuel economy from 15 mpg to 16 mpg reduces fuel consumption by 50 gallons for every 12,000 miles driven. Improving fuel economy from 40 mpg to 41 mpg results in fuel consumption savings of just 7 gallons in 12,000 miles of driving.

Take Charge of Your Retirement In Just A Few Minutes (Sponsor)

Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.

Here’s how it works:

  1. Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
  2. Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
  3. Choose Your  Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.

Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.