University of Michigan Report Finds Focus on Fuel Economy Would Be Very Profitable for Detroit 3; Says Rapid, Wide-Reaching Change in Business Models Required for Turnaround
Green Car Congress
JUNE 23, 2009
Modeling the impact of increased fuel economy standards, the study finds that an industry-wide mandated increase in fuel economy of 30% to 50% (35 miles per gallon to 40.4 mpg) would increase Detroit automakers’ gross profits by roughly $3 billion per year and increase sales by the equivalent of two large assembly plans. Fuel Economy.
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