SAE Congress '08: Panel projects 20% diesel, 10% hybrid by 2020

During a panel discussion at the Society of Automotive Engineers World Congress in Detroit today, a group of industry executives projected that diesel engines with grab 20 percent market share in the US by the end of the next decade. BorgWarner CEO Tim Manganello also projected that hybrid powertrains would grab about ten percent of total sales in that same time frame. Toyota Engineering VP Ed Mantey and Ford Product Development VP Derrick Kuzak were were in agreement with those numbers. At their current rate, Toyota alone might be selling a pretty large percentage of those hybrids. While diesel engines are less expensive to produce than hybrids diesel, fuel prices are currently quite a bit higher than gasoline in the U.S. Increased availability of biodiesel in the coming decade may alleviate that problem. It's not clear what percentage of vehicles will end up in both categories as the 35mpg US CAFE standard approaches.

[Source: AutoWeek]