US automakers to focus on fuel efficiency - report
ERJ staff report (DS)
Dublin, Ireland - Citi Research and Ceres have published a new report titled, Fuel Economy Focus: Industry Perspectives on 2020 . The 41-page report was first published in April 2012 and is available for free from the Ceres website.
“Automakers who invest in more efficient vehicles are investing wisely. Given the volatility of gas prices - and the likelihood that they'll head through the roof again - it's clear that customers want better fuel economy and delivering it means a better bottom line for the industry,†said Carol Lee Rawn, Transportation Director of Ceres, which leads a national coalition of investors and public interest groups working with companies to address global sustainability challenges.
“Automakers today are already working on the improvements to the internal combustion engine and overall vehicle design to get us to 54.5 mpg. Turbocharged direct injection, advanced transmissions, electric power steering, low-rolling-resistance tyres, turbo charging, variable valve lift and timing are available now and they continue to improve,†said Alan Baum, founder of Baum and Associates, who conducted the sector analysis. “These technologies are not only cost-effective, but also make for better performing vehicles than those currently on the market.â€
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Press release from Ceres
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