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Toyota Motor Manufacturing France to start gasoline-engined Yaris export to North America in 2013

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liter gasoline engine, automatic transmission, differences in the rear bumper, as well as other items linked to specific local regulations. Only gasoline versions of Yaris will be exported to North America. —Toyota Motor Europe President and CEO Didier Leroy.

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Ford Extends Global Electric Vehicles Plan to Europe; Five Models to Launch by 2013

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Ford Motor Company is extending its global electric vehicles plan to Europe with five full electric or hybrid vehicles across its C, CD and light commercial vehicle ranges to be introduced in that market by 2013. Focus Electric will be introduced in the US and Canada in 2011, followed by Europe in 2012.

2013 186
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EIA: US refineries running at record levels; gasoline demand; exports up

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Lower crude oil prices and strong demand for petroleum products, primarily gasoline, both in the United States and globally, have led to favorable margins that encourage refinery investment and high refinery runs. Since May 20, Gulf Coast gasoline crack spreads have averaged 17 cents/gal higher than for distillate crack spreads.

Gasoline 150
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Study finds higher gasoline taxes do not disproportionately impact the poor, especially in developing countries

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Although increased gasoline taxation has been proposed as a very effective instrument to reduce greenhouse gas emissions, a common argument against such a measure is that it is regressive—i.e., The researchers studied data from 25 different countries to investigate the concern that gasoline taxes affect poor people the most.

Tax 239
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US exports of petroleum products up more than 60% since 2007 as markets become more globally integrated

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Total US exports of finished petroleum products have increased more than 60% since 2007 as markets have become more globally integrated, according to the US Energy Information Administration (EIA). This trend is driven primarily by finished motor gasoline and distillate fuel oil which are increasingly exported to Latin America.

2007 273
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Ford planning to cut 18% of production capacity, 13% of workforce in Europe; anticipating more than $1.5B loss in Europe in 2012

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New car registrations in the EU, 1990-2011. The actions—along with a previously announced initiative to reduce approximately 500 salaried and agency positions across Europe, with the Ford salaried reductions achieved voluntarily—affect 6,200 positions or about 13% of Ford’s European workforce. Source: ACEA.

Europe 225
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Pike Research forecasts clean diesels to represent more than 12% of global light-duty vehicle sales by 2018; outpacing hybrids in North America

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North America has been a weak market for diesel for 20 years, due to the low price of gasoline as well as diesel’s reputation for being smelly, dirty and unreliable. Additionally, US LDV emissions regulations do not treat gasoline and diesel cars separately, and US NO x levels for LDVs are very low and challenging for diesel vehicles.