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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.

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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

The magnitude of gasoline demand decline will be much greater than the impact of the 2008 recession and could be further protracted depending on how effective social distancing measures are at controlling the spread of the COVID-19 virus. during the global recession in 2008/2009. IHS Markit forecasts 2020 US auto sales to be 14.4

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Toyota CEO steps down, opening up possibility of new EV strategy

Teslarati

Toyoda is known not only for his relation to the founder of the largest automotive company in the world, but also for taking the helm of CEO at Toyota after the market collapse of 2008 and guiding the company to where it is today. Akio Toyoda’s goals within the auto industry were clear. Toyota plans $13.6B

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All Western European Countries Will Have CO2-Related Car Taxation This Year; European Auto Industry Urges Harmonization of Schemes

Green Car Congress

The number of EU countries with CO2-related car taxation rose to 15 in 2008. In 2008, motor vehicle taxes in the EU 15 added up to €378 billion (US$501 billion) or 4.1% The European car industry urges EU governments to show more resolve in harmonizing car taxation schemes.

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Automakers in Brazil Hit 10M Flex-Fuel Vehicle Mark; Brazilian Sugarcane Association Urges Global Dissemination

Green Car Congress

Brazil’s 10-millionth flex-fuel vehicle was built on 4 March, according to the country’s National Association of Vehicle Manufacturers (Anfavea). Brazil Flex-Fuel January 2010 Quick Stats. 178,693 total Flex-Fuel units (62% of total vehicle production). 152,945 autos, 25,748 light commercial. Data: ANFAVEA.

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GM Shows Picture of New Chevrolet Agile for Mercosur Market

Green Car Congress

In 2008, it posted record annual sales (548,941 vehicles). GM was the first company in the Brazilian auto industry to provide 100% of its spark-ignited vehicles as flex-fuel. The Agile is targeted for emerging markets such as Brazil, Argentina, Paraguay and Uruguay (Mercosur). GM began doing business in Brazil in 1925.

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Canadian Study Concludes Rebates to Hybrid Buyers Not Cost-Effective for Reducing Carbon Emissions

Green Car Congress

However, only 26% of the hybrid vehicles sold during the rebate programs can be attributed to the rebate; in other words, the rebates primarily subsidize people who would have bought hybrids or fuel efficient cars in any case. The Canadian government offered hybrid rebates during 2007-2008. Chandra et al.

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