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The program covered model year 2012 to model year 2016 and ultimately required an average fuel economy standard of 35.5 miles per US gallon (6.63 L/100 km; 42.6 mpg ‑imp) in 2016 (of 39 miles per gallon for cars and 30 mpg for trucks), a jump from the 2009 average for all vehicles of 25 miles per gallon.
In 2020 the average light-duty automobile, including light trucks, in the US had a fuel economy rating of 23.0 MPG or 10.2 liters per 100 kilometers. [20] The average fuel economy for passenger vehicles in the United States remained stagnant throughout the 1990s and 2000s, peaking in 2001 and 2004.
The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct. 1993 until Dec. 2023. On average, as of April 2019, state and local taxes and fees add 34.24 cents to gasoline and 35.89 cents to diesel, for a total US volume-weighted average fuel tax of 52.64 cents per gallon for gas and 60.29 ...
10. Orlando-Daytona Beach, Florida. Average used car price: $23,404. Difference from national average: $3,887 less. Average monthly payment: $446. Median individual income: $53,182. There’s ...
With today’s exorbitant cost of living, some of those suburbs may come with a heftier price tag in 2025. 7 Suburbs Where the Cost of Living Could Skyrocket in 2025
Of course, cars today are more advanced than they were in 1950.
General Motors bankruptcy. Only days after approaching the U.S. Government to seek further funding, General Motors published its losses for the final quarter of 2008 to be at $9.6 billion (£6.7 billion). This brought its overall 2008 losses to $30.9 billion. In 2007, General Motors made a loss of $38.7 billion.
The national average cost of gasoline sits at $3.27 per gallon ... The average price of routine maintenance for a medium sedan was 10.64 ... On average, new cars depreciate around 20 percent in ...