It's a Gas
LOOKING AT THE PRICE OF GAS AND THE CARS WE BUY Dolļars AVERAGE PRICE OF REGULAR GASOLINE IN THE US MPG $4.00 24 AVERAGE FUEL EFFICIENCY OF ALL:CARS PURCHASED IN: THE US EACH MONTH $3.50 23 $3.00 $2.50 22 $2.00 21 $1.50 $1.00 20 JAN 2000 JAN 2001 JAN 2002 JAN 2003 JAN 2004 JAN 2005 JAN 2006 JAN 2007 JAN 2008 JAN 2009 SHARE OF TOTAL AUTO SALES FOR SEVERAL DIFFERENT MODELS Toyota PRIUS (51MPG) Ford F-SERIES (16MPG) Honda ACCORD (26MPG) Honda CIVIC (32MPG) Dec. 2001: 10 $113 REGULAR UNLEADED 0.1% of total car purchases 6.4% of total car purchases 2.3% of total car 1.6% of toțal car purchases purchases НTE May 2007: $319 REGULAR UNLEADED 1.5% of total car purchases (1.4%) 4.0% of total car purchases (2.4%) 2.0% of total car purchases ( 투 0.3 % ) 2.6% of total car purchases (2.0%) ( 會 182 % ) Jan. 2009: $184 REGULAR UNLEADED 1.2% of total car purchases (0.3%) 3.8% of total car purchases (0.2%) 2.5% of total car purchases 2.2% of total car purchases (0.4%) (42%) ( 會 0.5 % ) SOURCE: Chris Svetlik, Exploring Consumer Responsiveness To Gas Price Fluctuations In Auto Fuel Efficiency Choice, 2009. ..| -1-
It's a Gas
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