3 Articles
1 / 1

The average cost for Detroit's Big Three automakers to meet the proposed fuel efficiency targets of 31.6 miles per gallon by 2015 has been pegged at $30.6 billion. In contrast, the average cost for the Japanese automakers sits at less than half that amount at "only" $14.85 billion. These numbers come courtesy of a recent study by Global Insight. In a real shocker, General Motors alone is expected to pay out $15 billion alone. Why the disparity? Simple: the Japanese brands already offer more fuel

Now that the energy bill and its attendant fuel economy standards has been passed here in the U.S., it looks like the Canadian government wants to officially adopt the same standards. Canada has never actually had fuel efficiency standards of its own but in 2007 committed to implementing one. Since the Canadian auto market is so intertwined with the U.S. but the sales volumes are only about one tenth of America's, car-makers have traditionally just taken vehicles designed for U.S. regulations, s

var digg_url = 'http://digg.com/politics/House_leaders_reach_deal_on_35_mpg_fuel_economy_standard_by_2020/blog'; Rep. John Dingell (D-MI) reached a deal late Friday night with Speaker Nancy Pelosi (D-CA MI) on a compromise bill to raise fuel economy standards for new cars and trucks to 25 35 mpg 2020. As reported earlier this week, the same threshold would be maintained that was in the Senate bill passed last June. The biggest differences from the earlier Senate bill are the retention of sepa

1 / 1
Share This Post