Next generation fuel economy labels arm consumers with information they can use
Statement of Ray LaHood, Secretary of the U.S. Department of Transportation, May 25, 2011.
"Today, I'm excited to join Environmental Protection Agency Administrator Lisa Jackson in introducing new fuel economy labels that will empower car buyers with better information about what they will spend or save on fuel costs when looking to purchase a new vehicle. This is one part of President Obama's plan to provide Americans with relief from high gas prices and break our dependence on foreign oil.

These labels offer consumers more information in a more usable format. When shopping for a new vehicle, you'll be able to see your expected savings over a five-year period, a fuel economy comparison to other vehicles in the same class, and easy-to-understand guidance about each car or truck’s environmental impact. The bottom line is that these labels will help people make informed decisions when they're buying a car, so that they can save money at the gas pump.

The new labels also feature a QR code that allows car buyers to comparison shop on the go. Shoppers can scan the QR code with their smartphones to store that vehicle's information, compare it to other vehicles, and access www.fueleconomy.gov for even more information..."