Welcome!

API Journal Authors: Elizabeth White, Liz McMillan, Pat Romanski, Yeshim Deniz, Rishi Bhargava

News Feed Item

Average Fuel Economy for New Cars Sold Increased by Nearly One MPG in 2012 According to TrueCar's TrueMPG

TrueMPG increased 0.8 MPG in 2012; Reduction in Fuel Consumption of 348 Million Gallons or $1.2 Billion in Fuel Annually; December TrueMPG Increased 0.4 MPG From Last Year

SANTA MONICA, Calif., Jan. 9, 2013 /PRNewswire/ -- TrueCar, the authority on new car pricing information, trends and forecasting, today provided actual economy numbers from new car sales indicating TrueMPG increased to 23.1 mpg in 2012 compared to 22.3 mpg in 2011.  In December 2012, light vehicle auto sales show TrueMPG increased to 23.0 mpg from 22.6 mpg in December 2011, and decreased from November 2012 at 23.2 mpg.

(Logo: http://photos.prnewswire.com/prnh/20110118/LA31413LOGO)

"Consumers' never ending appetite for more fuel efficient vehicles continued to propel manufacturers to further improve their MPG figures in 2012 with a wider selection of smaller vehicles and less fuel-thirsty powertrains," said Jesse Toprak, Senior Analyst for TrueCar. "An increase of 0.8 miles per gallon in fuel economy translates into a reduction in fuel consumption of 348 million gallons or a savings of about $1.2 billion in fuel annually in the US."

Below is how the top eight manufacturers fared in 2012 versus 2011 with comparing overall mpg, broken out by car and truck mpg:


Average MPG

Average Car MPG

Average Truck MPG

Manufacturer

2012

2011

Change

2012

2011

Change

2012

2011

Change

Chrysler

19.9

19.3

0.6

23.2

22.5

0.7

18.3

18.0

0.3

Ford

22.2

21.5

0.7

27.1

26.0

1.2

19.7

19.3

0.4

GM

21.3

20.8

0.5

25.4

24.5

0.9

18.9

18.8

0.2

Honda

25.3

24.2

1.1

28.6

27.7

0.9

22.4

21.0

1.4

Hyundai/Kia

27.1

26.3

0.7

28.7

28.2

0.5

23.2

23.1

0.1

Nissan

23.7

23.3

0.4

27.0

26.2

0.8

20.0

19.9

0.2

Toyota

24.7

23.6

1.1

30.3

28.3

2.0

19.4

19.3

0.1

Volkswagen

26.5

26.1

0.4

27.6

27.6

0.1

21.9

21.3

0.6

Industry

23.1

22.3

0.8

27.1

25.9

1.2

19.7

19.4

0.3

Below is how the top eight manufacturers fared in December 2012 versus December 2011 comparing overall mpg, broken out by car and truck mpg:


Average MPG

Average Car MPG

Average Truck MPG

Manufacturer

Dec-12

Dec-11

Change

Dec-12

Dec-11

 Change

Dec-12

Dec-11

Change

Chrysler

20.0

19.7

0.3

23.6

23.1

0.5

18.3

18.2

0.1

Ford

22.4

21.8

0.7

29.1

27.6

1.5

19.6

19.5

0.1

GM

20.7

20.5

0.2

25.6

25.4

0.3

18.6

18.6

0.0

Honda

25.8

25.1

0.7

29.7

29.2

0.5

22.3

21.8

0.4

Hyundai/Kia

26.9

26.8

0.1

28.6

28.6

0.0

23.0

23.2

-0.1

Nissan

24.1

23.5

0.5

28.6

27.3

1.2

20.1

19.8

0.3

Toyota

24.2

24.1

0.1

29.9

29.8

0.2

19.3

19.3

0.0

Volkswagen

26.1

26.0

0.1

27.2

27.1

0.1

22.1

21.8

0.2

Industry

23.0

22.6

0.4

27.5

27.0

0.5

19.6

19.5

0.2

According to TrueCar.com, the TrueMPG for vehicles sold by U.S. manufacturers averaged 21.2 mpg in 2012, up from 20.7 mpg in 2011. European manufacturers increased their average fuel economy for vehicles sold from 22.1 mpg to 23.3 mpg; Japanese manufacturers increased their average fuel economy from last year at 23.7 mpg to 24.8 mpg; and South Korean manufacturers increased their average fuel economy for vehicles from 26.3 mpg to 27.1 mpg. 

Below is a snapshot of a few vehicle segments and how they compare from 2012 with 2011:


Average Small Car TrueMPG

Average Midsize Car TrueMPG

Average Large Truck TrueMPG

Manufacturer

2012

2011

Change

2012

2011

Change

2012

2011

Change

Chrysler

29.2

24.9

4.3

24.0

24.1

-2.7

15.8

15.6

0.2

Ford

32.6

31.1

1.5

27.3

26.6

1.8

17.4

17.2

0.2

GM

30.3

29.3

1.0

26.1

25.4

0.7

17.1

17.0

0.0

Honda

32.0

31.2

0.8

26.6

25.6

1.0

17.2

16.9

0.3

Hyundai

30.6

30.3

0.4

27.8

27.3

0.5

 N/A

 N/A

 N/A

Mazda

30.2

26.4

3.7

24.8

24.7

0.1

 N/A

 N/A

 N/A

Mitsubishi

25.2

25.9

-0.7

24.3

24.3

0.0

 N/A

 N/A

 N/A

Nissan

31.2

30.5

0.7

26.3

25.1

1.2

14.3

14.3

0.0

Subaru

27.7

22.2

5.5

24.9

24.2

0.6

 N/A

N/A

 N/A

Suzuki

 N/A

 N/A

 N/A

25.1

25.2

-0.1

 N/A

N/A

 N/A

Toyota

34.8

33.3

1.5

28.4

25.6

2.8

15.5

15.7

-0.2

Volkswagen

30.7

30.9

-0.2

28.9

26.5

2.4

 N/A

N/A

 N/A

Industry

31.7

30.3

1.4

26.7

25.6

1.1

16.8

16.7

0.1

Below is a snapshot of a few vehicle segments and how they compare from December 2012 with December 2011


Average Small Car TrueMPG

Average Midsize Car TrueMPG

Average Large Truck TrueMPG

Manufacturer

Dec-12

Dec-11

Change

Dec-12

Dec-11

Change

Dec-12

Dec-11

Change

Chrysler

31.3

29.9

1.4

24.0

24.0

0.0

15.8

15.8

0.0

Ford

33.6

33.1

0.5

30.9

28.5

2.5

17.4

17.4

0.0

GM

30.0

30.5

-0.5

26.1

25.8

0.3

17.0

17.0

0.0

Honda

32.0

32.2

-0.2

28.5

27.4

1.1

17.2

17.1

0.1

Hyundai

31.0

30.8

0.3

27.7

27.7

0.0

 N/A

 N/A

 N/A

Mazda

30.9

29.6

1.3

24.3

24.7

-0.4

 N/A

 N/A

 N/A

Mitsubishi

24.7

25.0

-0.3

24.3

24.3

0.0

 N/A

 N/A

 N/A

Nissan

32.6

32.0

0.6

28.5

26.7

1.9

14.3

14.3

0.0

Subaru

27.2

26.5

0.7

25.6

24.8

0.8

 N/A

 N/A

 N/A

Suzuki

 N/A

 N/A

N/A

25.1

25.1

0.0

 N/A

 N/A

 N/A

Toyota

35.0

34.8

0.2

28.2

28.0

0.2

15.5

15.6

0.0

Volkswagen

29.5

29.8

-0.3

29.0

28.5

0.5

 N/A

 N/A

 N/A

Industry

31.8

31.6

0.2

27.7

26.9

0.8

16.8

16.8

0.0

TrueMPG is an easy-to-understand and objective way to comprehend monthly fuel economy averages by brand, manufacturer, origin and vehicle segments using Environmental Protection Agency ("EPA") ratings and actual monthly automotive sales-weighted data.  TrueCar.com seeks to provide transparency and truth in average fuel economy, providing an alternative view to Corporate Average Fuel Economy ("CAFE") ratings that can be confusing and misleading.  TrueMPG helps keep in perspective each manufacturer's average miles per gallon per car sold, computing it monthly and annually, using the EPA's window sticker ratings.

TrueMPG computes monthly average fuel economy by brand, manufacturer, origin and vehicle segments by using actual sales data for the current month. Calculations start at the trim level, taking into account EPA fuel economy data including engine size and drivetrain that affect a vehicle's MPG ratings; the sales share from each trim level is then calculated to create an average for each model.  Brand level data is calculated by the sales share of each model and the manufacturer data is then based on the share of each brand, providing an accurate and completely data driven picture of actual measured MPGs in the market place. TrueCar utilizes the EPA's average fuel economy rating using 45 percent highway and 55 percent city driving behavior.

For additional data on TrueMPG by brand, manufacturer, origin and vehicle segment, please visit the TrueCar Truth Blog. The TrueMPG data will be released in January's TrueCar.com TrueTrends report.  You can follow TrueCar on Twitter (@TrueCar) and become a fan of TrueCar on Facebook and Google+.

About TrueCar, Inc.

TrueCar, Inc., headquartered in Santa Monica, Calif., with offices in Santa Barbara, Calif., San Francisco, Calif., and Austin, Texas, is an automotive pricing information and analysis company that creates a better buying experience for dealers and consumers.  As an online publisher of unbiased new and used car transaction data, TrueCar.com provides price reports that empower dealers and consumers to agree on the parameters of a fair deal by supplying a transparent, simple understanding of what others recently paid for similarly-equipped new cars in their geographic area.  TrueCar also owns ALG, the benchmark for vehicle value information to the automotive industry and has been forecasting residual values for nearly 50 years in both the U.S. and Canadian markets.

TrueCar is a data-driven company that sources, compiles, and analyzes car-buying information unlike anybody in the industry.  This is why, since its founding in 2005, TrueCar dealer partners have sold over 600,000 vehicles across the country.  Its national network of more than 5,200 Certified Dealers is committed to provide no-hassle pricing for some of the country's largest membership and service organizations, including American Express, AAA, USAA and Consumer Reports that collectively represent more than one million monthly in-market customers.

You can follow TrueCar on Twitter (@TrueCar) and become a fan of TrueCar on Facebook and Google+.

Disclaimer
This press release and the information contained herein is for noncommercial use on "as-is, as available" basis and may be used for informational purposes only.  TrueCar makes no representations or warranties, express or implied, with respect to the information contained in this press release and the results of the use of such information, including without limitation, the implied warranty of merchantability, fitness for a particular purpose and non-infringement.  The information contained in this press release may include technical inaccuracies or typographical errors.  Neither TrueCar nor any of its parents, subsidiaries, affiliates or respective partners, officers, or directors, employees or agents shall be held liable for any damages, whether direct, incidental, indirect, special or consequential, including without limitation, lost revenues or lost profits, arising from or in connection with your use or reliance on the information presented in this press release.

SOURCE TrueCar, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Adobe is changing the world though digital experiences. Adobe helps customers develop and deliver high-impact experiences that differentiate brands, build loyalty, and drive revenue across every screen, including smartphones, computers, tablets and TVs. Adobe content solutions are used daily by millions of companies worldwide-from publishers and broadcasters, to enterprises, marketing agencies and household-name brands. Building on its established design leadership, Adobe enables customers not o...
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
SYS-CON Events announced today that Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), will exhibit at the 19th International Cloud Expo | @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating...
24Notion is full-service global creative digital marketing, technology and lifestyle agency that combines strategic ideas with customized tactical execution. With a broad understand of the art of traditional marketing, new media, communications and social influence, 24Notion uniquely understands how to connect your brand strategy with the right consumer. 24Notion ranked #12 on Corporate Social Responsibility - Book of List.
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
SYS-CON Events announced today that Roundee / LinearHub will exhibit at the WebRTC Summit at @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LinearHub provides Roundee Service, a smart platform for enterprise video conferencing with enhanced features such as automatic recording and transcription service. Slack users can integrate Roundee to their team via Slack’s App Directory, and '/roundee' command lets your video conference ...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...