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According to the study, higher fuel economy standards would benefit the Detroit 3 automakers the most. Further, the report finds that the existing culture within the domestic auto companies systematically underestimates the value of fuel economy, which has crippled profitability. Source: McManus and Kleinbaum. Click to enlarge.
The analysis used by federal agencies to set standards for fuel economy (CAFE) and greenhouse gas emissions for new US light-duty vehicles from 2017 to 2025 was thorough and of high caliber overall, according to a new report from the National Research Council. UMTRI Survey: US drivers want better fuel economy, don’t care how.
Within the US, it examines California, Massachusetts, and Michigan—states covering a range of differences in electric power generation and power market structures. The automobileindustry has said that without additional government subsidies they can only sell 600,000 electric cars by 2020 at best.
This is different from anything Ive ever seen in my 40 years in the automobileindustry." ( Detroit Free Press ). 2/12/07 GM is aggressively pursuing plug-in hybrids "because of the tremendous potential to significantly increase fuel economy," according to spokesman Brian Corbett. This is unusual. Red Herring ). Bloomberg ).
President Biden says his EV policies will result in “one million new jobs in the American automobileindustry. Michigan Governor’s Gretchen Whitmer, for example, claimed that since she took office in 2019, 25,000 new auto jobs were added to the state through her leadership in leading “the future of mobility and electrification.”
On Tuesday, President Joe Biden went to Michigan to join the United Auto Workers auto workers on the picket line after the union expanded striking to 38 additional GM and Stellantis facilities. And they saved the automobileindustry. He also announced that he was planning to visit the UAW with speeches scheduled for Wednesday.
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