#40Mpg

Last week we exposed the cheapest and most fuel minded vehicles on the market. All hybrid vehicles, the list started at the $30,000 mark, with the most affordable being the $19,320 Honda Insight.

There’s a new standard in the compact sedan category and in order to be seen as a leader in the segment, hitting 40 mpg is a must. The 2014 Toyota Corolla will do just that.

After continued complaints by owners and consumer agencies, an audit by the Environmental Protection Agency has revealed that no Hyundai or Kia model achieves 40 mpg, a number often touted by the Korean automakers.

Acting as the poster boy for fuel efficiency, Hyundai is petitioning the U.S. government to declare August “National Fuel Efficiency Month.”

Things are good for Korean automaker Hyundai as the month’s end approaches and it sits poised to break an all-time sales record.

As another calendar year draws to a close it’s time to take a look back at the top 10 biggest stories of the year in the auto industry. It’s been a busy 12 months, starting all the way back in March when the Fiat 500 officially went on sale, marking the return of the brand to America. The last time an Italian car was sold here that didn’t cost six figures (or close to it) was 27 years ago. Since then, Fiat has introduced the 500C convertible model and most recently the Fiat 500 Abarth, aimed at enthusiasts.

For all the hype surrounding Ford‘s Fiesta subcompact, which is capable of hitting 40 mpg, it looks like subcompacts, especially those than can hit the vaunted number, aren’t selling all that well in the USA.