Study Finds Both Unemployment Rate and Fuel Price Influence Buyers Decisions on Fuel Economy of Vehicles Purchased
Green Car Congress
JULY 22, 2009
From October 2007 to April 2009, the average fuel economy of purchased new light-duty vehicles improved from 20.2 Michael Sivak and Brandon Schoettle also found that while there was a significant negative relationship between the unemployment rate and the number of vehicles purchased, the price of gasoline did not have a major impact.
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