The F-150 swaps lead to a roughly 15% improvement in fuel economy. Overall, the program’s gains averaged 9.2 mpg or a 58% improvement.
The F-150 has also been the best-selling vehicle in the U.S. for years if not decades, which may have slanted the results as well.
The AP also discovered $562,500 in Clunkers cash went to deals that did not meet the program requirements. The U.S. Department of Transportation is investigating those transactions, which accounted for .018% of the $3 billion program.AP IMPACT: Clunker pickups traded for new pickups (AP)