article thumbnail

University of Michigan Report Finds Focus on Fuel Economy Would Be Very Profitable for Detroit 3; Says Rapid, Wide-Reaching Change in Business Models Required for Turnaround

Green Car Congress

According to the study, higher fuel economy standards would benefit the Detroit 3 automakers the most. According to the report, “Fixing Detroit: How Far, How Fast, How Fuel Efficient?” mpg) would increase Detroit automakers’ gross profits by roughly $3 billion per year and increase sales by the equivalent of two large assembly plans.

article thumbnail

GM’s Volt Program = $700m

Revenge of the Electric Car

. “GM is spending $336m to upgrade the Hamtramck plant; $202m for a new plant in Flint, north of Detroit, that will build 1.4 GM is spending $336m to upgrade the Hamtramck plant; $202m for a new plant in Flint, north of Detroit, that will build 1.4 We expect the Detroit-Hamtramck plant will be the first facility in the U.S.

Volt 124
article thumbnail

History: Electric Cars: The Golden Age

Clean Fleet Report

With the recent growth of the electric automobile industry , it’s no surprise that EVs are a hot topic of conversation. Because of their cost and limited mile range, city dwellers—especially women—were early big fans of electric vehicles. 1906 “One Hundred Mile” Frichtle. 1912 Detroit Electric. EVs started simple.

article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Fisker $80,000 Karma series luxury 50-mile range series PHEV, S Sunset convertible version.Partnering with Quantum Technologies. Volvo Ford-owned company exploring PHEVs "ReCharge" flex-fuel series 60-mile concept PHEV w/wheel motors. Detroits horsepower jockey insists the Volt will be his crowning achievement--and his swan song.

Plug-in 45
article thumbnail

GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

Lutz, who retired earlier this year, called the car Detroits "moon shot" and an attempt to wrest the mantle of innovation back from the Japanese. The four-door sedan will deliver 40 miles on a charge; a small gasoline engine will recharge the battery as it approaches depletion, extending its range by as much as 200 miles.

Volt 41