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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 →
Pelosi commends Bush on 31.6 mpg by 2015 step Sebastian Blanco
U.S. House Speaker Nancy Pelosi (D-CA) has been involved with the ins and outs of the CAFE standards for a long while. This week, following the NHTSA's call for a 31.6 mpg average (35.7 for cars and ...
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 ...
Official reactions to the new Energy Bill and 35 mpg CAFE standard Sebastian Blanco
Now that everyone has had a few days to digest the impact of the new Energy Bill that was signed by President Bush on Wednesday, what do they think? Here's a cheat sheet: EDTA: "Applauds" the ...
Now it's pen-on-paper official: President Bush signs 35 mpg CAFE into law Sebastian Blanco
Not that there was any real question, but the 35 mpg CAFE deed is now done. President Bush signed the huge new energy bill into law this morning, and that means that automakers will need to have the ...
Breaking news:
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Supporting the troops who call for higher CAFE standards 2 years ago on Autoblog Green
U.S. military veterans' groups are getting involved in the Congressional mileage debate. The AP reports that about three dozen veterans from the group New Hampshire for Peace wrote a letter to Congress this week calling for the 35 mpg level in the CAFE standards to remain in the final bill. The ...
Import automakers tell Congress 35 mpg CAFE is A-OK, just not in 2020 2 years ago on Autoblog Green
Forget MPG, just pull into a gas station with your Tesla Roadster and smile.... (Photo by Jurvetson. CC 2.) Hm. While Toyota has been pushing for less stringent CAFE standards (and taking a beating for it), a group that Toyota is part of, the Association of International Automobile Manufacturers, ...
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