Industry is investing $200 billion to boost fleetwide fuel efficiency, and will cut jobs if that investment isn't returned.
Corporate Average Fuel Economy
UPDATE: A previous version of this story referred to Ferrari's 7,000 global sales as approaching the 10,000-unit threshold of the CAFE system. This is incorrect, as only US sales contribute towards CAFE totals. Ferrari also offered clarification on the company's CAFE status within Fiat Chrysler's fleet. The post has been edited to reflect this information.
Johnson Controls executive Brian Kesseler isn't likely to get any holiday presents this year from Nissan chief Carlos Ghosn or Tesla Motors head Elon Musk, but lots of other folks might be happy with what he has to say about automakers' efforts to reach stricter fleetwide fuel-economy standards.
Ricardo Plc appears to be adhering to an "it takes a village" approach to ratcheting up US fleetwide fuel economy levels to the higher Corporate Average Fuel Economy standards the federal government set for 2025. Last year, the US government finalized the new CAFE standards, which call for increasing fleetwide fuel economy starting in 2017 and ending at 54.5 miles per gallon (about 40 mpg in "real world" terms) by 2025.
Consumer Reports isn't wearing quite as rosy a pair of sunglass as the federal government is about the savings prospects for US drivers once stricter fuel economy standards take effect in model year 2017. Still, the publication says drivers will save a few thousand dollars worth of gas during the lifetime of their vehicles.
Now that car buyers are starting to accept hybrids and EVs, there's more willingness to consider other green car technologies, including diesel, CNG and hydrogen. But the road to wider acceptance – and affordability – is being slowed by a lack of infrastructure and overlapping state and federal regulations that are sometime are at odds with one another.
The 2012 Presidential election is in the books and those in swing states must be looking forward to the absence of countless campaign ads. However, those with their eyes on electric vehicles and reduced emissions from automobiles may be looking forward to what the President's second term in office has in store.
A downward-revised Corporate Average Fuel Economy (CAFE) standard and a push away from electric-drive vehicles and towards alt-fuel types such as natural gas may be some of the transportation measures in store if Mitt Romney beats Barack Obama in the US presidential election next month, Automotive News reports. A removal of tax credits for electric-vehicle buyers could also be on the table, says Hybrid Cars.
Increasing the Corporate Average Fuel Economy standards for model year 2017-2025 vehicles to 54.5 miles per gallon was first proposed in July 2011. Since then, there has been a lot of back and forth, a lot of positive and negative responses, and, lately, a delay for unknown reasons. Since the CAFE rules were not changed between the mid-1980s and when President Obama came into office and rules for 2012-2016 model year vehicles were put in place in 2010, it's not a huge surprise this update took s
Representatives from the Republican Party have asked President Obama to delay pushing through strict new automotive fuel economy regulations. The trio of top GOP legislators consists of auto dealer Mike Kelly of Pennsylvania, Jim Jordan (also of PA) and House Oversight and Government Reform Chairman Darrell Issa of California (pictured). The three legislators are calling for further review of the 2017-2025 Corporate Average Fuel Economy targets. According to a report by The Detroit News, Issa sa
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