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Hertz to Buy Cadillac Lyriqs and Chevy Silverado EVs to Bolster Electric Rental Fleet

The Truth About Cars

Car rental companies have long pledged to make the transition alongside their auto industry partners, and Hertz recently announced that it would be adding the Cadillac Lyriq and Chevy Silverado EV.& electric rental fleet. Now, if they could come up with a few extra chargers.&

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Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. it is based on what customers buy rather than on what automakers produce. —Auto Alliance.

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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: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

Green Car Congress

million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. Scrappage is defined by a vehicle being taken out of the fleet and no longer in use. Helping age the fleet is the fact that consumers are holding on to their vehicles longer than before.

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Say it ain’t so: BMW, Volkswagen, and Renault take aim at Europe’s ICE ban

Baua Electric

The heads of BMW, Volkswagen, and Renault have spoken out against European Union’s emission targets in recent days, arguing that the phase-out rules put too much pressure on the industry and that consumers aren’t buying EVs fast enough. The company estimated 50% BEV sales by 2030 worldwide, and possibly higher in Europe, he said.

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The Impact of Gas Price Trends on Vehicle Choice

Clean Fleet Report

When gas prices are on the rise, it had a big impact on the type of vehicles that people were buying. In recent years, there has been a dramatic shift in the types of cars that Americans are buying. In the past, people would buy the biggest and baddest car they could find regardless of how much it cost to fuel.

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Report finds US automakers remain profitable under future CAFE standards even with fuel price fluctuation

Green Car Congress

In all of our fuel price scenarios (from Very Low to High), the auto industry would be profitable if current standards stay in place. When gas is very cheap, people tend to buy bigger, more profitable trucks. —co-author and independent auto industry analyst Dan Luria. With gas at $1.80

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