Fuel Economy Rates Increase

Researchers at the University of Michigan Transportation Research Institute say fuel economy of new vehicles sold in the U.S. set another record high last month. According to researchers, the average fuel economy of cars, light trucks, vans and SUVs purchased in May was 25.6 mpg, up 0.4 mpg from April and 0.2 from March-the previous high. Vehicle fuel economy is now up 5.5 mpg from October 2007, the first full month of monitoring. Researchers say the increase likely reflects the continuing high price of gasoline.