BEND, OR — With Oregon drivers paying the highest gas prices reported in six years, a new survey suggest a different way to fight the pain at the pump. Research from the Consumer Federation of America finds the average fuel economy of new cars has improved by 20% in the past four years. Spokesman Jack Gillis said drivers of 2008 models typically spend about $2,300 a year on gas, and those who drive a typical 2014 model are spending about $300 less. For those that drive a hybrid, the savings is around $500.
Gillis added additional improvements are on the way.
“By 2020, you’ll be spending just under $1,800. So, there’s tremendous good news out there, from both the fact that consumers are demanding more fuel-efficient vehicles and buying them, but more importantly, car makers are offering them.”
New fuel economy standards require cars and light trucks to average just over 54 miles per gallon by 2025. Gillis said car manufacturers are well on their way to meeting the standards, as many of the new vehicles introduced this year already exceed the future fuel economy benchmarks.
Visit the Consumer Federation of America’s Website to view the full report.
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