May 2011

Trends and Resources

HP Impact: US auto industry could boost profits with higher mileage standards

As the US ramps up vehicle fuel efficiency standards, new reports from Citi Investment Research, Ceres and longtime independent industry experts conclude that US automakers will be more profitable at ..

Thinnes, Billy, Hydrocarbon Processing Staff

As the US ramps up vehicle fuel efficiency standards, new reports from Citi Investment Research, Ceres and longtime independent industry experts conclude that US automakers will be more profitable at a fleet-wide 42 miles per gallon (mpg) average in 2020 (the strictest standard now proposed for that year and one seen as eminently achievable) and that by 2015 more than one in 20 cars sold in the US will be hybrid, plug-in or full electric vehicles (EVs). The two new reports were produced by Citi and Ceres’ Investor Network on Climate Risk in conjunction with the University of Michigan Transportation Research Institute, Baum and Associates and Meszler Engineering Services. Fuel economy.

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