Sunday, December 2, 2007

Fuel efficiency and the American driver

Congress is poised to finally make cars get better gas mileage. Consumers can expect to pay more for their vehicles but save on their gas bills.



By Steve Hargreaves, CNNMoney.com staff writer
December 1 2007: 1:15 PM EST


NEW YORK (CNNMoney.com) -- More hybrids. More diesels. Smaller engines and fancier technology. And an initial sticker price increase that could total a couple thousand dollars.

Those are the likely outcomes now that Congress has decided to increase the national fuel efficiency standards to 35 miles a gallon by 2020, from the current average of 25...

If the measures are enacted, the auto industry would give a strong push to its hybrid vehicles. Hybrids, which run on a combination of gasoline and electric power, usually cost about $2,000 to $3,000 more than conventional vehicles.

Detroit would also likely roll out more diesel vehicles, which would also cost $2,000 to $3,000 more than similar gasoline-powered vehicles but would get much better gas (sic) mileage.

Read More>>

No comments: