Alia +91-9537192988-Experience the Unmatchable Pleasure with Model Ahmedabad ...
Global Automakers at the Washington Automotive Press Association - 2012
1. CAFE & GHG Overview
2012-2025 and Beyond
Michael J. Stanton
President, CEO
Association of Global Automakers
Washington Automotive Press Association
April 18, 2012
Washington, D.C.
3. How Did We Get Here?
• Lack of National Energy Policy
• Energy Security
• Climate Change
• Worldwide Demand for Oil
4. Worldwide Demand
900
USA, 800
800
700
600
500
400
300 Russia, 280
200
100 China, 50
India, 15
0
CARS PER 1,000 RESIDENTS
5. Worldwide Demand
By 2050 there
may be 4 billion
vehicles on our
Planet –up from
a billion today.
6. Share of Oil Consumed and GHG
Emitted by Passenger Vehicles
U.S. Oil U.S. Man Made GHG
Consumption Emissions
Light Duty 19% Light Duty
46% Vehicles Vehicles
54% Other Uses Other
81% Sectors
7. Footprint Based Standards
Footprint is defined
as a vehicle’s
wheelbase
multiplied by its
track width, or in
other words the
area enclosed by
the points at which
the wheels meet
the ground.
8. Regulatory Actions Important to One National
Program (ONP)
DOT
Regulates fuel
economy through
the Corporate
Average Fuel
Economy (CAFE)
Program
EPA State of
California
Regulates
Greenhouse Has its own
Gas (GHG) Greenhouse
Emissions Gas (GHG)
Standards
10. CAFE (mpg) Standards Curves for
Passenger Cars
Combined Standard
for Cars and LDTs
2012-2016: 35.5 MPG
2017-2025: 54.5 MPG
11. The Importance of the Mid Term Review
There is uncertainty about what
the marketplace will look like
in 14 years.
• Technology
• Infrastructure
• Consumer Acceptance
20. Annual Market Segment by Vehicle Sales vs. Gas Prices
(2012 YTD)
800,000 $4.00
Cars
700,000 $3.90
Trucks
Gas
600,000 $3.80 Prices
Vehicle Sales by Units
500,000 $3.70
Gas Price
400,000 March Sales Facts
$3.60
Cars accounted for
300,000
nearly 55% of new$3.50
light duty vehicle
sales.
200,000 $3.40
100,000 $3.30
0 $3.20
January February March
21. Vehicle Cost Projections
• The NPRM Estimates Vehicle Cost Projection by
2025:
– $3,000 more per vehicle
• NADA Study on New Vehicle Market Population
– As price of vehicles increase, fewer people
are able to purchase vehicles.
22. Law of Diminishing Returns
Gallons Cost Per
Year MPG Price
Per Year Year
2025 54.5 mpg 220 $5.00 $1,100
2030 67 mpg 180 $5.00 $900
Numbers based off a 12,000 miles a year driving average
23. The Market Today
• Hybrid sales up 33% in March
• Average price of a battery pack declining
• EV sales up, making up three tenths of
1% of market
“Automakers show no signs of pulling
back their multibillion-dollar bet.”
-David Shepardson, Detroit News
24. Other Consumer Issues
• Changing Consumer Attitudes
• Influencing Consumer Behavior
• Providing More Consumer Options
26. In Summary
• Higher Fuel Economy is Needed
• Technologies are Available & Evolving
• Biggest Questions are Infrastructure and
Consumer
27. Thank you
Michael J. Stanton
President, CEO
Association of Global Automakers
Washington Automotive Press Association
April 18, 2012
Washington, D.C.