Detroit automakers see green
#1
11-23-2007, 05:44 AM
Join Date: Oct 2005
Location: Huntsville, AL
Posts: 5,613
Detroit automakers see green
http://www.reuters.com/article/tnBas...52684120071121
Letting the first 40 miles be treated as part of the EPA rating would be perfect. It would motivate all manufacturers to provide a plug-in capability and the hybrid debate would be over. But the motivation is clear, getting a good fleet average.
Bob Wilson
. . .
"I think whether global warming is science fact or not no longer matters," said billionaire investor Wilbur Ross.
"It's going to be treated as if it were science fact, and it's clear there will be lots of pressure and lots of encouragement toward green activity," said Ross, who has bought several big auto supply companies in recent years.
. . .
"We have to re-establish GM's leadership, and the Volt is, frankly, an effort to leapfrog anything that is done by any other competitor," Lutz said.
If federal regulators will count the Volt's 40-mile battery-only range in calculating its fuel-efficiency, Lutz said the car would achieve "off-the-chart fuel economy ratings" that could be "way over 100 miles-per-gallon."
That, in turn, could help GM meet tough new fleetwide fuel economy ratings expected to clear Congress, he said. The Volt could represent "the only financially feasible way to achieve these numbers that Congress is talking about," he said.
. . .
"I think whether global warming is science fact or not no longer matters," said billionaire investor Wilbur Ross.
"It's going to be treated as if it were science fact, and it's clear there will be lots of pressure and lots of encouragement toward green activity," said Ross, who has bought several big auto supply companies in recent years.
. . .
"We have to re-establish GM's leadership, and the Volt is, frankly, an effort to leapfrog anything that is done by any other competitor," Lutz said.
If federal regulators will count the Volt's 40-mile battery-only range in calculating its fuel-efficiency, Lutz said the car would achieve "off-the-chart fuel economy ratings" that could be "way over 100 miles-per-gallon."
That, in turn, could help GM meet tough new fleetwide fuel economy ratings expected to clear Congress, he said. The Volt could represent "the only financially feasible way to achieve these numbers that Congress is talking about," he said.
. . .
Bob Wilson
Last edited by bwilson4web; 11-23-2007 at 05:47 AM.
#3
11-23-2007, 12:42 PM
Join Date: Oct 2005
Location: Huntsville, AL
Posts: 5,613
Re: Detroit automakers see green
Furthermore, Toyota has the option of managing the ratio of these large, fuel hungry vehicles . . . by adjusting the price. If they sell too many, just increment the price a bit to moderate the demand. Toyota can very cleverly manage their CAFE ranking by getting more for, not running a loss-leader, of either high or low mileage vehicles. Very clever!
Don't forget, GM and Ford have been milking large pickups and SUVs for their profits for years and years. Now Toyota is getting a handle on one of those teats.
Bob Wilson
Last edited by bwilson4web; 11-23-2007 at 12:48 PM.
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