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Meeting new CAFE regs will cost Detroit double what it costs the Japanese
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 efficient models. With that reasoning, it seems ... Read more →
Dingell might get the final say on state-based fuel economy laws Sebastian Blanco
We all know that the Democratic Representative from the Automakers Michigan, John Dingell, is a foe of state-based regulations over the auto industry. Back in February, he tried to revive an excised ...
NADA Chairwoman says flexibile CAFE standards are the right move Sebastian Blanco
At the National Automobile Dealers Association (NADA) meeting last weekend, GM CEO Rick Wagoner asked car dealers to lobby their state and local governments to not regulate tailpipe emissions. The ...
Perverse side effects of the new CAFE standards? Xavier Navarro
Automotive News (subs req'd) has published a very interesting article on how the new CAFE rules might bring some surprises for American car buyers. First and foremost, there's the "work truck" ...
Video: President Bush signs the Energy Bill into law Lascelles Linton
President Bush signed the Energy Bill into law Wednesday and you can watch highlights from the speech in the video above. In the speech, President Bush noted two important parts of the energy bill; ...
Breaking news:
- Renault announces 2011 production of all-electric Kangoo van REPORT: GM will build Cadillac Converj REPORT: Chrysler disbands ENVI group, EV development will continue Officially, Official: Fisker chooses Emil Frey Group for European distribution Tesla Roadster runs 313 miles on a charge in Global Green Challenge Officially Official: Fisker buys GM's Wilmington Delaware plant REPORT: Fisker going to Delaware for Project Nina plant; Quantum readies diesel-hybrid powertrain Tokyo 2009: Nissan Fuga hybrid arrives in Japan fall 2010, to U.S. in 2011 Tokyo 2009: Honda CR-Z coming to America next fall with six-speed manual! Tokyo 2009: Mitsubishi i-MiEV Cargo is bigger, o-kei!
It's official: Congress passes 35 mpg CAFE standard 1 year ago on Autoblog Green
This afternoon, the energy bill that requires 35 mpg by 2020 CAFE handily passed Congress. After passing in the Senate last week, the first increase in average fleet fuel economy in 32 years sailed through the House of Representatives 314-100. The auto industry's best friend in Congress, Rep. John ...
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