When Transportation Secretary Mary Peters announced the first draft of new fuel economy standards last month, the increases actually appeared to exceed those mandated by recent energy bill. Of course a closer inspection of the rules indicated that they weren't all they appeared to be. Because the rules mandated fuel economy based on the footprint of an individual vehicle, there existed an incentive for carmakers to stretch the wheelbase and track of vehicles so that they wouldn't have to achieve
Corporate Average Fu...
Hyundai is already far closer to meeting the new corporate average fuel economy standards than most automakers thanks to their current fleet averages of 32.4mpg for cars and 25.5 for trucks. Under the new footprint-based formula that sets individual standards for manufacturers based on the size of the vehicles they sell, Hyundai will have to reach a higher than average threshold. By 2015, Hyundai's car fleet will have to average 37.5mpg and the trucks will have to hit 31mpg. According to Timothy
Ford's President of the Americas, Mark Fields, wants the company to build more E85 capable flex-fuel vehicles but he doesn't want to have to deal with state level fuel economy or carbon dioxide regulations. The former should be no surprise as every car and truck so equipped gets a credit of 1.2mpg towards its mileage rating. Fields also wants to see mileage mandates done at a national rather than at the state level. Like other car-makers, Ford's issue is apparently not so much with having to mee
We just spoke to GM's Greg Martin, Director, Policy and Washington Communications, about the fuel economy regulations that are being proposed by NHTSA today. Martin reiterated that although the new CAFE rules are tough, it is the company's position that they will meet them just as they said they would back in December when the Energy bill was passed by Congress. At an Earth Day event today in Washington, Transportation Secretary Mary Peters will announce the actual regulations that carmakers wil
Bob Lutz's worst nightmare appears to be on the horizon. Transportation Secretary Mary Peters is expected to unveil proposed regulations for fuel economy today that go beyond what Congress mandated in last December's Energy Bill. NHTSA appears set to require cars to achieve a fleet average of 35.7mpg of 2015 while trucks will have to get to 26.7mpg. That amounts to an average annual increase of 4.6 percent which goes beyond the 4 percent bump required by congress. In order to meet these new requ
When Nissan introduced the Titan pickup truck earlier this decade, they became the first Japanese Automaker to directly challenge the U.S. manufacturers in the full-size truck segment. Unfortunately for Nissan, the gamble didn't pay off, but the company knows when to stop throwing good money after bad. With sales of only 65,000 a year and no sales outside of North America, it didn't make sense for Nissan to spend money developing a new generation vehicle. The capper on the deal were new fuel eco