TrueCar forecasts increase in average gas mileage

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(April 4, 2011) SANTA MONICA, Calif. (PRNewswire) — TrueCar.com has forecasted that TrueMPG for vehicles sold for the industry will increase to an estimated 22.0 MPG in March 2011 compared to 21.2 MPG in March 2010.

"Gas prices had a significant impact on consumer's buying behavior in March as shoppers continue to choose vehicles that provide better fuel economy," said Jesse Toprak, Vice President of Industry Trends and Insights at TrueCar.com. "We also saw that domestic manufacturers have come a long way, nearly increasing their TrueMPG average by almost two miles per gallon since last year."

Below is how the top seven manufacturers fared comparing overall MPG and broken out by car and truck MPG:

 

Average TrueMPG

Average Car TrueMPG

Average Truck TrueMPG

 

Manufacturer

Mar-11

Mar-10

Change

Mar-11

Mar-10

Change

Mar-11

Mar-10

Change

 

Chrysler

18.8

18.7

0.1

21.5

20.1

1.4

18.0

17.7

0.3

  

Ford

21.0

19.4

1.6

25.2

23.2

2.0

18.7

16.6

2.1

  

GM

20.9

19.7

1.1

24.2

22.8

1.5

18.7

18.7

0.0

  

Honda

24.1

23.5

0.6

27.1

26.0

1.0

21.2

20.5

0.7

  

Hyundai

26.0

24.9

1.1

27.4

26.6

0.8

23.5

22.2

1.3

  

Nissan

23.3

21.7

1.5

25.5

24.2

1.3

20.2

18.2

2.0

  

Toyota

23.4

24.5

-1.1

28.2

30.0

-1.8

18.8

19.9

-1.1

  

Industry

22.0

21.2

0.8

25.0

24.8

0.2

19.2

18.4

0.8

 

According to TrueCar.com, the TrueMPG for vehicles sold by U.S. manufacturers averaged 20.5 MPG in March 2011, up from 18.7 MPG in March 2010.

European manufacturers decreased their average fuel economy for vehicles sold from 20.8 MPG to 20.5 MPG; Japanese manufacturers increased their average fuel economy from last year at 23.5 MPG to 23.6 MPG; and South Korean manufacturers increased their average fuel economy for vehicles from 24.9 MPG to 26.0 MPG.

Below is a snapshot of a few vehicle segments and how they compare from March 2011 versus March 2010:

 

Average Small Car TrueMPG

Average Midsize Car TrueMPG

Average Large Truck TrueMPG

 

Manufacturer

Mar-11

Mar-10

Change

Mar-11

Mar-10

Change

Mar-11

Mar-10

Change

 

Chrysler

24.5

22.7

1.7

24.0

23.4

0.6

16.2

16.1

0.1

  

Ford

28.6

28.0

0.7

25.5

25.9

-0.4

16.2

16.1

0.0

  

GM

27.7

26.5

1.2

25.5

25.1

0.4

17.0

17.0

0.0

  

Honda

29.8

29.9

0.0

25.8

23.8

2.0

16.9

16.9

0.0

  

Hyundai

29.8

27.2

2.6

26.3

26.4

-0.1

N/A

N/A

N/A

 

Mazda

26.0

26.2

-0.2

23.8

23.3

0.5

N/A

N/A

N/A

 

Mitsubishi

26.1

24.5

1.7

24.3

24.1

0.2

N/A

N/A

N/A

 

Nissan

28.5

28.6

-0.1

24.6

23.6

1.0

14.2

14.2

0.0

  

Subaru

22.2

22.1

0.1

24.1

24.1

0.0

N/A

N/A

N/A

 

Suzuki

N/A

N/A

N/A

24.9

25.2

-0.3

N/A

N/A

N/A

 

Toyota

33.1

33.6

-0.5

24.7

23.2

1.5

15.7

15.5

0.2

  

Volkswagen

29.4

26.9

2.5

24.6

25.1

-0.5

N/A

N/A

N/A

 

Industry

29.2

29.5

-0.3

25.1

24.4

0.7

16.4

16.3

0.1

 

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 based on estimated and/or actual monthly automotive sales-weighted data. 

TrueCar.com is seeking 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 what each manufacturer's average miles per gallon per car sold using EPA's window sticker.

TrueMPG computes monthly average fuel economy by brand, manufacturer, origin and vehicle segments by using actual sales data or forecasted 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 EPA's average fuel economy rating using 45 percent highway and 55 percent city driving behavior.

 

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