U.S. miles driven in May drop record 3.7 pct - gov't

Newswire

WASHINGTON, July 28 (Reuters) - The number of miles driven on U.S. highways in May fell a record 3.7 percent, or 9.6 billion miles, from last year because of soaring fuel costs, the U.S. Transportation Department said Monday. It was the biggest drop ever for May, which usually sees increased traffic due to Memorial Day vacations and the beginning of summer. However, high gasoline prices discouraged driving. "This continues a seven-month trend that amounts to 40.5 billion fewer miles ...

Premium Content (PAID Subscription Required)

"U.S. miles driven in May drop record 3.7 pct - gov't" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×