Filed under: Green, Ford, Toyota
Hybrid vehicles may hold most of the headlines right now, but both analysts and industry insiders agree that oil burners will comprise a far greater slice of the automotive propulsion market by 2020. BorgWarner CEO Tim Manganello told the SAE Automotive World Congress in Detroit that diesels would account for 20% of vehicles by 2020, and both Ford product chief Derrick Kuzak and Toyota engineering vice president Ed Mantey agreed with the assessment. Manganello based his prediction on powertrain trends in Europe, which already feature diesel engines in about half of its vehicles.
Hybrids were predicted to account for about 10% of the market by that time, which doesn’t quite match up with the technology’s considerable hype. We’re all for more diesel and hybrids on America’s streets, and with new oil-burners from Ford, GM, Honda and more already on the way, 20% sounds like a very attainable goal for 2020.
[Source: AutoWeek]
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Filed under: Government/Legal, Green, Ford
Ford has been in the cross hairs of environmentalists for years, but the Blue Oval is now out of the solar-powered dog house after detailing its environmental plans to activist shareholders. The Interfaith Center on Corporate Responsibility and the Investor Network on Climate Risk Network are now giving Ford the green thumbs up after FoMoCo detailed its initiative to reduce emissions by 30-percent by 2020. That date is also when all automakers have to hit 35 mpg for all US-sold cars and trucks, so the Dearborn, MI automaker can’t forsake CO2 for fuel economy. Ford group VP of sustainability Sue Cischke told the Free Press that the automaker could detail its plans because the company has been working on a green plan for three years.
Since Ford was the first company to pledge a specific and detailed reduction plan to the two environmental groups, the Interfaith Center on Corporate Responsibility and the Investor Network on Climate Risk Network will use Ford’s promise as an example for other companies. Hit the jump to view the press release.
[Source: Autoblog Green and Free Press]
Continue reading Ford’s new green initiative cuts emissions by 30-percent
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