Ford, GM Sign On As White House Unveils 54.5mpg Standard
The Detroit News reports that the two auto giants are the first to sign memorandums of understanding on the 2017-2015 fuel efficiency standards, and that other carmakers are preparing to sign MOUs by the end of the day.
The federal government is preparing MOUs that reflect a last-minute change to the agreement, the newspaper said, after talks with automakers and the state of California went on until 1 a.m. this morning.
Hyundai U.S. chief John Krafcik told the paper the deal would “right-size the fleet. There are going to be fewer vehicles over there bought for the occasional need to carry nine people or seven people.”
Energy Manager News
- 5 Reasons Clean Energy Investments Beat Expectations
- East Coast Cities are Top 3 Most Energy Efficient
- Tri-Generation System Generates Heat, Power, Hydrogen
- Lennox Expands Commercial Packaged Rooftop Units
- US Representative Wants to Extend Tax Credits for Clean Energy
- Eaton Hired at Fort Campbell
- Schneider Software Prevents Overcooling in Data Centers
- HVAC Brain Carries Siemens Commercial Room Thermostat