Automakers Are Outpacing U.S. Fuel Economy Targets
The auto industry's actual corporate average fuel economy in the U.S. has exceeded government targets for the past two years, according to the University of Michigan Transportation Research Institute.
#economics #regulations
The auto industry's actual corporate average fuel economy in the U.S. has exceeded government targets for the past two years, according to the University of Michigan Transportation Research Institute.
New-car fleets were required to average 28.7 mpg in the 2012 model year and 29.7 mpg in 2013. UMTRI calculates that actual CAFE results for those two years were 28.9 mpg and 29.8 mpg, respectively.
NHTSA's regulations push the CAFE standard to 41 mpg for the 2021 model year, with a projection to raise the standard to as much as 49.7 mpg by 2025. Separately, the U.S. Environmental Protection Agency's standard based on carbon dioxide emissions equates to 54.5 mpg by model year 2025.
The UMTRI estimated sales-weighted, unadjusted CAFE performance based on monthly and annual sales of individual models of light-duty vehicles and their government average fuel economy ratings.
RELATED CONTENT
-
Achieving Efficiency?
A look at on-road fuel economy changes over 92 years.
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future