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EIA: world petroleum use sets record high in 2012 despite declines in North America and Europe

Green Car Congress

The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 In 2009, Asia surpassed North America as the world’s largest petroleum-consuming region as consumption rebounded from its 2008 decline. Between 2008 and 2012, Asia’s consumption increased by 4.4

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Hyundai and Kia settling litigation over fuel economy reductions; valued at up to $395M

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Hyundai Motor America and Kia Motors America have entered into settlement agreements with current and former owners and lessees of vehicles affected by the Hyundai/Kia November 2012 lowering of fuel economy ratings. Earlier post.)

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2012 Hyundai Accent first to receive 1.6L GDI Gamma engine; 18% improvement in highway fuel economy to 40 mpg

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Hyundai Motor America introduced the all-new 2012 Accent at the New York International Auto Show; this marks the US debut of the latest version of the popular subcompact sedan and the new Accent five-door. The 2012 Accent is slated to hit dealerships this summer. The 2012 Accent is the first vehicle to receive the all-new 1.6-liter

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Hyundai/Kia to correct overstated fuel economy claims of MY 2012 and 2013 models as result of EPA investigation

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Hyundai Motor America and Kia Motors America will reduce their fuel economy (mpg) ratings for a number of 2011-13 model year models in showrooms after EPA testing found discrepancies between agency results and data submitted by the company. Hyundai - Kia MY 2013 Fuel Economy Label Changes. City FE (mpg).

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Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050

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trillion) through to 2050 and can help cut the world’s road transport energy use and CO 2 emissions by nearly half in that same time, by improving vehicle fuel economy, according to an opinion paper recently published by the Commonwealth Advisory Bureau (CAB) and sponsored by the Global Fuel Economy Initiative (GFEI).

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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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Annual clean diesel ldv sales by region, world markets: 2012-2018. A new report from Pike Research finds that rising fuel prices and stronger fuel economy regulations will stimulate increasing demand for clean diesel vehicles in markets around the world, and forecasts sales of these vehicles will increase from 9.1

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Audi announces pricing and fuel economy for 2014 Audi A6, A7 and Q5 TDI diesels

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At the 2012 Los Angeles Motor Show in December, Audi of America announced the significant expansion of its diesel model line-up with the addition of A8, A7, A6, and Q5 TDI diesel models to the Q7 and A3 TDI already on sale in the US. Earlier post.). The 2014 Audi A8 L was already recently introduced. 2014 Audi A6 TDI. 24 mpg 6.34