Originally Posted By: Wolf359
Originally Posted By: 555
Let's not forget the cost of fuel in the rest of the world. Manufacturers will still have to make fuel efficient vehicles to satisfy other markets.
The price of fuel has been dropping for the last several years and summer gas prices are expected to be the lowest they've been since 2005. CAFE requirements were to move the fleet numbers up to as high as 60 mpg for small cars by 2025 or 46 mpg for large cars in 2025. In 2012 it was just 28 mpg, got to get rid of V6's if you're going to hit those targets.
https://en.wikipedia.org/wiki/Corporate_...ar.2C_2011-2025
The price of a barrel of oil has dropped, not the price for the end consumer in other countries, or at least not by much.
CAFE is for North America.
Several countries have a graduated vehicle tax based on engine displacement(you would not believe some of the rates!)On top of this there are carbon dioxide taxes!
Manufacturers want to reduce the number of optional engines to decrease costs and complications.
CAFE or not there are still plenty of North American drivers who remember the shock of 4 and 5 dollar a gallon gas six months after buying their new Suburban. They don't want to get caught with their pants down again.
CAFE is a bargaining tool. You don't usually pay sticker for a new car(yeah I know, depends on the car). The standards are always too high.
There are small cars(or as I like to call them "egg with headlights") that already achieve 60 m.p.g and more on government test cycles. Some would not be a new car buyers choice, but some buyers are paying close to $8 a gallon for gas.
Small displacement turbo motors are here to stay if the demand is there. Some buyers are only going to see the m.p.g. after looking at the price on the window sticker. One benefit is that turbo and engine management technology are much improved especially for the aftermarket. You can throw a turbo on a big displacement motor (5.0 Mustang?).Who doesn't like that idea?