TrueCar recently released its TrueMPG for May, which investigates the average fuel economy of vehicles sold in the month.
According to the report, the TrueMPG for light vehicles sold in May was 23.7 mpg, only accounting for a 0.6 mpg increase on a year-over-year comparison and still near historic lows. The report indicated that Nissan and Chrysler both saw year-over-year gains that were better than 1.2 mpg.
"Chrysler and Nissan are both benefiting from the success of their more fuel-efficient models such as the Dart, Rogue and Sentra," said Jesse Toprak, senior analyst for TrueCar. "Even though the market share for large trucks has been increasing in recent months, the higher fuel efficiency of the new pickups is offsetting what would have been a decrease in overall MPG figures."
The report also showed that vehicles sold by U.S. manufactures averaged 21.9 mpg in May, up from 21.3 on a year-over-year comparison. As automakers strive to meet government requirements to reduce their fuel economy by 2025, vehicles on the road are lasting longer on less fuel.
Record plug-in, hybrid sales in May
According to the May 2013 Electric Drive Sales Dashboard from the Electric Drive Transportation Association, there were a record number of sales of hybrid and plug-in vehicles across the country in May.
The report indicated that automakers sold 48,796 hybrids last month. In addition from May 2012 to May 2013, automakers sold 212,711 hybrids, accounting for a 14 percent increase when compared to the same period of time last year. The report also showed that automakers sold 7,754 plug-in vehicles last month. From May 2012 to May 2013, there were 32,305 plug-in vehicle sales. And in the sector's short two-year history, overall sales have reached 103,220.
EDTA President Brian Wynne said surpassing the 100,0000-mile mark is a monumental milestone for this industry.
"With constantly advancing technology and building consumer confidence, the electric drive industry is well positioned to carry this momentum forward," Wynne said. "It's no surprise that gasoline prices are spiking again, but now motorists have real alternatives to the monopoly fuel. These cars use far less gasoline than their combustion engine counterparts - or no gas at all. Not to mention they're incredibly fun to drive."