Better Gas Mileage Would Help U.S. Automakers

This article reports that U.S. automakers could turn losses to profits by improving the fuel-economy. Failure to do so, however, will lose business to foreign carmakers and cost domestic companies billions of dollars. A study by the University of Michigan Transportation Research Institute examined three possible gas prices ranging from $2 to $3.10 a gallon. If U.S. manufacturers could incorporate a proactive strategy by using off-the-shelf technology to achieve even higher than mandated increases in fuel economy these automakers could narrow their disadvantage against Japanese automakers substantially. A proactive fuel-economy strategy could also same some 35,000 jobs. The author of the study warns that Detroit must make a great transformation quickly to fuel-efficient fleets to avoid going out of business.

Language

  • English

Media Info

  • Media Type: Print
  • Features: Photos;
  • Pagination: pp 6-8
  • Serial:
    • UMTRI Research Review
    • Volume: 38
    • Issue Number: 1
    • Publisher: University of Michigan Transportation Research Institute
    • ISSN: 0739-7100

Subject/Index Terms

Filing Info

  • Accession Number: 01052217
  • Record Type: Publication
  • Source Agency: UC Berkeley Transportation Library
  • Files: BTRIS, TRIS
  • Created Date: Jun 21 2007 2:40PM