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UMTRI study finds US diesel vehicles generally have lower total cost of ownership than gasoline vehicles

Green Car Congress

Diesel vehicles generally saved owners between $2,000 to $6,000 in total ownership costs during a three to five year period when compared to similar gasoline vehicles, according to data compiled by the University of Michigan Transportation Research Institute (UMTRI). —“Total Cost of Ownership”.

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UMTRI study finds total cost of ownership of diesels in US often much less than gasoline counterparts

Green Car Congress

Though there are some exceptions to these positive results for some of the diesel versions of vehicles from a total-cost-of-ownership perspective, the overall direction of the results supports the idea that diesel vehicles are competitive within the U.S. —Bruce Belzowski.

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DOE seeking input on analysis methodology and assumption for estimating total cost of ownership of future advanced vehicle technologies

Green Car Congress

DOE conducted a preliminary analysis for several fuel/vehicle pathways for present day (2011) and future (2016 and 2030) mid-size cars to examine the potential for technology improvement to reduce the total costs of ownership of advanced powertrain vehicles and fuels to levels comparable to conventional powertrain vehicles and fuels.

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Chevron Sanctions Development of Deepwater Jack/St. Malo Project in the Gulf of Mexico; Initial Development Cost of ~$7.5B

Green Car Congress

Chevron Corporation has sanctioned development of the Jack/St. By comparison, the water depth of BP’s MC252 well (of the Deepwater Horizon disaster) was approximately 5,023 feet (1,522 meters). Malo project, its first operated project located in the Lower Tertiary trend in the deepwater US Gulf of Mexico. The Jack and St.

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Wheel provider Admirable Industries swings to $4 million web loss

Baua Electric

That’s in comparison with web source of revenue of $10 million all the way through the similar quarter in 2022. The corporate’s earnings fell 4.8 Nonetheless, consumers opted for costlier, better wheels and the corporate’s content-per-wheel prices higher through 16 p.c. to $381 million.

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Ferrari’s Q1 profits rose 27% on upper gross sales, robust pricing

Baua Electric

Effects had been pushed via gross sales of the Portofino M, the 296 GTB and the 812 Competizione fashions, in addition to pricing capability, the corporate stated in a observation on Thursday. Ferrari’s margin on adjusted EBITDA grew 2 proportion issues to 37.6 %, in comparison to the similar quarter closing date.

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Ford claims $1 billion U.S. charge drawback vs. GM, Stellantis

Baua Electric

In comparison to overseas automakers that experience nonunion staff, Ford has a more or less $9-an-hour exertions charge hole. All in, the corporate stated it spends a mean of $112,000 on wages and advantages in keeping with hourly workman.

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