Ford Motor Company (F), General Motors Company (GM): Spending on Gasoline Hits a 30-Year High

Here, the obvious answer is: Japan … and South Korea. According to TrueCar.com, which tracks the average fleet fuel economies of the major automakers, Honda Motor Co Ltd (ADR) (NYSE:HMC), Nissan, Toyota Motor Corporation (ADR) (NYSE:TM), and Hyundai currently score highest on average miles per gallon of the cars and trucks they produce.

However, Ford Motor Company (NYSE:F) also deserves a round of applause. Among all the major automakers, Ford Motor Company (NYSE:F) made the greatest strides in improving the fuel efficiency of its fleet last year. It added 2.8 miles per gallon to its car fleet, and an astonishing 3.4 mpg to the efficiency of Ford Motor Company (NYSE:F) trucks.

And General Motors Company (NYSE:GM), the oft-reviled “Government Motors,” that supposedly kowtows to Big Government’s Green Agenda? It was arguably worst of the lot. In 2012, General Motors Company (NYSE:GM) was second-to-last in fuel economy improvements for cars, and dead last in trucks.

The article Spending on Gasoline Hits a 30-Year High originally appeared on Fool.com and is written by Rich Smith.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends Ford and General Motors (NYSE:GM) and owns shares of Ford.

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