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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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Forecast: Cumulative Hybrid and Plug-in Hybrid Fleet Sales to Reach Nearly 4 Million Units By 2015

Green Car Congress

Hybrid electric vehicles (HEVs) offer lower emissions and better fuel economy—between 10% and 40% higher than comparable internal combustion vehicles. In 2008, Pike notes, In 2008, the North America market accounted for 63% of global hybrid sales. Hybrid Electric Vehicles for Fleet Markets”.

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Volkswagen and Suzuki to Establish Strategic Partnership; VW to Take 19.9% Stake in Suzuki, Suzuki to Invest in VW

Green Car Congress

Volkswagen AG and Suzuki Motor Corporation have signed a framework agreement to establish a close long-term strategic partnership. To support a smooth development of this relationship, Volkswagen will purchase 19.9% million motorcycles in the 2008/2009 financial year. In fiscal year 2008 Volkswagen sold 6.3 Osamu Suzuki.

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Darling International and Valero Considering Forming a Joint Venture for Renewable Diesel

Green Car Congress

Darling International and a subsidiary of Valero Energy Corporation are taking initial steps towards the formation of a joint venture to build a facility capable of producing more than 10,000 barrels/day or (135 million gallons per year) of renewable diesel on a site adjacent to Valero’s St. Charles refinery near Norco, Louisiana.

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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

Economy-wide CO 2 prices of $30-60/t CO 2 are too weak on their own to motivate significant reductions in CO 2 emissions from transportation. The economy-wide CO 2 prices applied increase the cost of driving only marginally with respect to the business-as-usual case. million barrels per day, relative to 2008 levels.

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Nissan Forecasts US$2.9B Loss for Fiscal Year; Cuts Planned Production by 20%

Green Car Congress

“In every planning scenario we built, our worst assumptions on the state of the global economy have been met or exceeded, with the continuing grip on credit and declining consumer confidence being the most damaging factors. Nissan sold a total of 731,000 vehicles worldwide in the October-to-December 2008 period, down 18.6%.

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EcoMotors Names Donald Runkle CEO; Power Density as the Holy Grail

Green Car Congress

EcoMotors was founded in 2008 by Prof. Until mid-2005, Runkle was Vice Chairman and Chief Technical Officer of Delphi Corporation, where he was the senior executive responsible for deploying lean principles and integrating engineering, manufacturing and purchasing, and for leading major international customer accounts.

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