Meeting higher MPG standard likely to bring higher profits for all automakers, nearly $2.5 billion in extra profits for Detroit Three in 2020
Submitted by: Ceres
Posted: May 02, 2012 – 03:41 PM EST
NEW YORK, May 02 /CSRwire/ - A new video explains the profits, sales and consumer cost impacts of the proposed 54.5-MPG federal fuel economy standards, which are set to be finalized this summer. Under the proposed standards, the average new vehicle in 2025 will achieve roughly twice the fuel economy than the average vehicle on sale today.
In the new video, top automotive experts explain:
These findings are contained in a new report, “Fuel Economy Focus: Perspectives on 2020 Industry Implications” - produced by Citi Investment Research in partnership with Ceres.
Link to video: https://vimeo.com/40543772
The video, which is available for uplink on websites and blogs, features:
For technical assistance in uploading the video revealing the findings of Fuel Economy Focus: Perspectives on 2020 Industry Implications, please contact Brian Sant at firstname.lastname@example.org.
For more information, please contact:
For more from this organization:Ceres