Search the Community
Showing results for tags 'Buyer Preferences'.
Found 2 results
-
The EPA, National Highway Traffic Safety Administration, and California Air Resources Board have released their draft Technical Assessment Report on the 'Midterm Evaluation of Light-duty Vehicle GHG Emissions Standards for Model Years 2022-2025'. Despite the long name, this report is important as the results will help determine if the 54.5 mpg corporate average fuel economy target for 2025 needs to be adjusted or not. Let's begin with the good news. The report says the industry is “adopting fuel economy technologies at unprecedented rates.” Automakers and suppliers have been hard at work on developing new technologies to improve overall fuel economy and emissions. The report goes on to say with the improvements being made on gas engines, automakers will not need to rely as heavily on electric or hybrid vehicles. Now for the bad news. According to Automotive News, government officals have taken the 54.5 mpg goal off the table. Low gas prices and the high demand for trucks, SUVs, and crossovers have caused officals to rethink the goal. The government now belives the fleet average for mpgs will land between 50 and 52.6 by 2025. Source: Automotive News (Subscription Required), EPA View full article -
The EPA, National Highway Traffic Safety Administration, and California Air Resources Board have released their draft Technical Assessment Report on the 'Midterm Evaluation of Light-duty Vehicle GHG Emissions Standards for Model Years 2022-2025'. Despite the long name, this report is important as the results will help determine if the 54.5 mpg corporate average fuel economy target for 2025 needs to be adjusted or not. Let's begin with the good news. The report says the industry is “adopting fuel economy technologies at unprecedented rates.” Automakers and suppliers have been hard at work on developing new technologies to improve overall fuel economy and emissions. The report goes on to say with the improvements being made on gas engines, automakers will not need to rely as heavily on electric or hybrid vehicles. Now for the bad news. According to Automotive News, government officals have taken the 54.5 mpg goal off the table. Low gas prices and the high demand for trucks, SUVs, and crossovers have caused officals to rethink the goal. The government now belives the fleet average for mpgs will land between 50 and 52.6 by 2025. Source: Automotive News (Subscription Required), EPA
