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Found 81 results

  1. Since President Donald Trump was elected, automakers have been pushing for him to relax the stricter fuel economy and emission regulations coming into effect by 2025. Now there is another group calling for this. At the National Automobile Dealers Association (NADA) annual conference, dealers voiced support for the new president ease the upcoming regulations. "You inflate the price of the vehicle and a car that was maybe within reach of being affordable now may not be," said NADA's new chairman, Mark Scarpelli to Reuters. Scarpelli argues that the tech needed to improve fuel economy adds $1,500 to $3,000 to the price of a vehicle. He also says that a "different phase-in period" for the regulations would be welcomed. The big argument dealers are using is the regulations would cause automakers to build vehicles that buyers aren't interested in. "They've got to make regulation more in line with consumer demand so (the automakers) can build what people want and not what the government’s telling them they have to build," said Pete DeLongchamps, vice president of Group 1 Automotive Inc. Source: Reuters View full article
  2. Since President Donald Trump was elected, automakers have been pushing for him to relax the stricter fuel economy and emission regulations coming into effect by 2025. Now there is another group calling for this. At the National Automobile Dealers Association (NADA) annual conference, dealers voiced support for the new president ease the upcoming regulations. "You inflate the price of the vehicle and a car that was maybe within reach of being affordable now may not be," said NADA's new chairman, Mark Scarpelli to Reuters. Scarpelli argues that the tech needed to improve fuel economy adds $1,500 to $3,000 to the price of a vehicle. He also says that a "different phase-in period" for the regulations would be welcomed. The big argument dealers are using is the regulations would cause automakers to build vehicles that buyers aren't interested in. "They've got to make regulation more in line with consumer demand so (the automakers) can build what people want and not what the government’s telling them they have to build," said Pete DeLongchamps, vice president of Group 1 Automotive Inc. Source: Reuters
  3. Mitsubishi Motors brought in investigators to answer a question; why did they manipulate fuel economy figures on a number of their models? The results of the investigation were announced yesterday and it was a combination of various decisions and factors that led to it. The investigation criticized the company for "not having the manufacturing philosophy of an automaker". A key example comes from the company not rallying their workers to help them back on track after two major scandals. Instead, it was focused on cutting costs wherever it could. This caused Mitsubishi engineers to pull off the impossible task of improving fuel economy on their current engines and not developing new ones. There was also the feeling that workers couldn't speak up about reaching these impossible targets. The investigation also revealed that management failed to the address the possibility of something fishy going on with the fuel economy testing. In 2005, a new employee brought up concerns about fuel economy figures being made up. This was brushed off by managers. Six years later, a compliance survey addressing other falsifications were not brought to Mitsubishi executives. “The problem is not only with the testing, certification, or the development department. It’s a collective failure of Mitsubishi Motors as a whole, starting from the management,” said Yoshiro Sakata, one of the investigators appointed by the company at a briefing yesterday. “I take the panel’s recommendation seriously,” Mitsubishi Motors Chairman Osamu Masuko in a statement. “The efforts we’ve been making since I took over in 2005 haven’t been enough.” The investigators made a number of recommendations to prevent something like this from happening again. They include, Revamping development Making vehicle certification department independent from the research and development department Restructure the organization structure Being more transparent Understanding laws Be willing to find and tackle violations Source: Bloomberg, Reuters
  4. Mitsubishi Motors brought in investigators to answer a question; why did they manipulate fuel economy figures on a number of their models? The results of the investigation were announced yesterday and it was a combination of various decisions and factors that led to it. The investigation criticized the company for "not having the manufacturing philosophy of an automaker". A key example comes from the company not rallying their workers to help them back on track after two major scandals. Instead, it was focused on cutting costs wherever it could. This caused Mitsubishi engineers to pull off the impossible task of improving fuel economy on their current engines and not developing new ones. There was also the feeling that workers couldn't speak up about reaching these impossible targets. The investigation also revealed that management failed to the address the possibility of something fishy going on with the fuel economy testing. In 2005, a new employee brought up concerns about fuel economy figures being made up. This was brushed off by managers. Six years later, a compliance survey addressing other falsifications were not brought to Mitsubishi executives. “The problem is not only with the testing, certification, or the development department. It’s a collective failure of Mitsubishi Motors as a whole, starting from the management,” said Yoshiro Sakata, one of the investigators appointed by the company at a briefing yesterday. “I take the panel’s recommendation seriously,” Mitsubishi Motors Chairman Osamu Masuko in a statement. “The efforts we’ve been making since I took over in 2005 haven’t been enough.” The investigators made a number of recommendations to prevent something like this from happening again. They include, Revamping development Making vehicle certification department independent from the research and development department Restructure the organization structure Being more transparent Understanding laws Be willing to find and tackle violations Source: Bloomberg, Reuters View full article
  5. The EPA, National Highway Traffic Safety Administration, and California Air Resources Board have released their draft Technical Assessment Report on the 'Midterm Evaluation of Light-duty Vehicle GHG Emissions Standards for Model Years 2022-2025'. Despite the long name, this report is important as the results will help determine if the 54.5 mpg corporate average fuel economy target for 2025 needs to be adjusted or not. Let's begin with the good news. The report says the industry is “adopting fuel economy technologies at unprecedented rates.” Automakers and suppliers have been hard at work on developing new technologies to improve overall fuel economy and emissions. The report goes on to say with the improvements being made on gas engines, automakers will not need to rely as heavily on electric or hybrid vehicles. Now for the bad news. According to Automotive News, government officals have taken the 54.5 mpg goal off the table. Low gas prices and the high demand for trucks, SUVs, and crossovers have caused officals to rethink the goal. The government now belives the fleet average for mpgs will land between 50 and 52.6 by 2025. Source: Automotive News (Subscription Required), EPA View full article
  6. The EPA, National Highway Traffic Safety Administration, and California Air Resources Board have released their draft Technical Assessment Report on the 'Midterm Evaluation of Light-duty Vehicle GHG Emissions Standards for Model Years 2022-2025'. Despite the long name, this report is important as the results will help determine if the 54.5 mpg corporate average fuel economy target for 2025 needs to be adjusted or not. Let's begin with the good news. The report says the industry is “adopting fuel economy technologies at unprecedented rates.” Automakers and suppliers have been hard at work on developing new technologies to improve overall fuel economy and emissions. The report goes on to say with the improvements being made on gas engines, automakers will not need to rely as heavily on electric or hybrid vehicles. Now for the bad news. According to Automotive News, government officals have taken the 54.5 mpg goal off the table. Low gas prices and the high demand for trucks, SUVs, and crossovers have caused officals to rethink the goal. The government now belives the fleet average for mpgs will land between 50 and 52.6 by 2025. Source: Automotive News (Subscription Required), EPA
  7. On Friday, Mitsubishi Motors announced that it will set aside 50 billion yen (about $480 million) this fiscal year to compensate buyers for inflated fuel economy figures. Bloomberg reports that the Japanese automaker admitted that 20 vehicles sold in Japan within the past ten years had false fuel economy data. Mitsubishi said in a statement they used “desktop calculations” instead of running actual field tests and used the false data on the twenty models built from 2006 to this year. They also lowered the resistance readings on some models to give better fuel economy numbers. Mitsubishi reiterated they didn't find any false fuel economy data on models sold overseas. The compensation plan will see Mitsubishi pay 100,000 yen (about $955.63) to each minicar owner and pay for the difference in gasoline and taxes separately. Mitsubishi also announced that it expects Japan's transport ministry to approve the recalculated fuel efficiency ratings of its minicars by the end of the month. One more thing: The investigation being done by three former prosecutors into the scandal are expected to present their results sometime next month. Source: Bloomberg View full article
  8. On Friday, Mitsubishi Motors announced that it will set aside 50 billion yen (about $480 million) this fiscal year to compensate buyers for inflated fuel economy figures. Bloomberg reports that the Japanese automaker admitted that 20 vehicles sold in Japan within the past ten years had false fuel economy data. Mitsubishi said in a statement they used “desktop calculations” instead of running actual field tests and used the false data on the twenty models built from 2006 to this year. They also lowered the resistance readings on some models to give better fuel economy numbers. Mitsubishi reiterated they didn't find any false fuel economy data on models sold overseas. The compensation plan will see Mitsubishi pay 100,000 yen (about $955.63) to each minicar owner and pay for the difference in gasoline and taxes separately. Mitsubishi also announced that it expects Japan's transport ministry to approve the recalculated fuel efficiency ratings of its minicars by the end of the month. One more thing: The investigation being done by three former prosecutors into the scandal are expected to present their results sometime next month. Source: Bloomberg
  9. If there is one thing we have learned with previous scandals in the automotive, it is that it will get worse before becoming better. Such is the case with Mitsubishi and their fuel economy scandal. According to Reuters, various Japanese outlets are reporting that the inflated fuel economy numbers extend much further than the four models originally announced. The Asahi newspaper says the Japanese automaker falsified fuel economy figures on three additional models, while the Yomiuri newspaper says there are more than ten models with inflated fuel economy numbers. It should be noted these vehicles aren't on sale anymore. When reached for comment, Mitsubishi declined, saying that its investigation is ongoing. Source: Reuters View full article
  10. If there is one thing we have learned with previous scandals in the automotive, it is that it will get worse before becoming better. Such is the case with Mitsubishi and their fuel economy scandal. According to Reuters, various Japanese outlets are reporting that the inflated fuel economy numbers extend much further than the four models originally announced. The Asahi newspaper says the Japanese automaker falsified fuel economy figures on three additional models, while the Yomiuri newspaper says there are more than ten models with inflated fuel economy numbers. It should be noted these vehicles aren't on sale anymore. When reached for comment, Mitsubishi declined, saying that its investigation is ongoing. Source: Reuters
  11. Last week, General Motors issued a stop sale on the 2016 Buick Enclave, Chevrolet Traverse, and GMC Acadia due to the window stickers having overstated fuel economy numbers by one to two mpg. All-wheel drive models had an incorrect label showing ratings of 17 City/24 Highway/19 Combined. The correct label has ratings of 15 City/22 Highway/17 Combined. But what about the folks who bought one of GM's large crossovers with the incorrect ratings? How did this happen in the first place? We have answers. In a statement to Automotive News, GM explained the 2016 models were equipped with new “emissions-related hardware,” which meant new tests needed to be done. “The fuel economy data from these tests were not captured in calculations made for EPA fuel economy labels ... causing 2016 model year fuel economy numbers to be overstated,” said GM. The error was found when engineers were working on the labels for the 2017 models. This issue was immediately reported to EPA. At the moment, GM is working with the EPA on this issue. As for what will happen to the nearly 170,000 owners of affected crossovers, GM is working on a compensation plan. Sources tell Reuters that GM is working out a program to compensate owners for the difference in fuel economy figures. Out of the 170,000 owners, more than 130,000 will qualify for the program (the remainder of vehicles belong to fleets). The plan will be announced in the coming week. Not surprisingly, an owner of one of the affected models has filed a class-action lawsuit against GM, alleging that the company concealed the actual fuel economy figures. Source: Automotive News (Subscription Required), Reuters Pic Credit: William Maley for Cheers & Gears
  12. Last week, General Motors issued a stop sale on the 2016 Buick Enclave, Chevrolet Traverse, and GMC Acadia due to the window stickers having overstated fuel economy numbers by one to two mpg. All-wheel drive models had an incorrect label showing ratings of 17 City/24 Highway/19 Combined. The correct label has ratings of 15 City/22 Highway/17 Combined. But what about the folks who bought one of GM's large crossovers with the incorrect ratings? How did this happen in the first place? We have answers. In a statement to Automotive News, GM explained the 2016 models were equipped with new “emissions-related hardware,” which meant new tests needed to be done. “The fuel economy data from these tests were not captured in calculations made for EPA fuel economy labels ... causing 2016 model year fuel economy numbers to be overstated,” said GM. The error was found when engineers were working on the labels for the 2017 models. This issue was immediately reported to EPA. At the moment, GM is working with the EPA on this issue. As for what will happen to the nearly 170,000 owners of affected crossovers, GM is working on a compensation plan. Sources tell Reuters that GM is working out a program to compensate owners for the difference in fuel economy figures. Out of the 170,000 owners, more than 130,000 will qualify for the program (the remainder of vehicles belong to fleets). The plan will be announced in the coming week. Not surprisingly, an owner of one of the affected models has filed a class-action lawsuit against GM, alleging that the company concealed the actual fuel economy figures. Source: Automotive News (Subscription Required), Reuters Pic Credit: William Maley for Cheers & Gears View full article
  13. Tetsuro Aikawa, Mitsubishi Motors' president and COO will be stepping down from the company next month. In a statement released by the company, Aikawa will resign on June 24th, the same date of Mitsubishi's annual shareholders meeting. Ryugo Nakao, the executive vice president for quality and product strategy will also be stepping down at the same time. Automotive News reports that Akiawa stepped down for two key reasons. The first was that he was the director of the r&d division that inflated the fuel economy test figures. The second is to give a clean slate for the new development chief, that will likely be installed by Nissan as part of the two companies' new alliance. “For causing trouble and worry first and foremost to our customers and to all involved, I take responsibility,” said Akiawa. During a press conference today, CEO Osamu Masuko said he would handle the duties of both people for the time being until replacements are found. Source: Automotive News (Subscription Required), Mitsubishi Motors Press Release is on Page 2 Personnel Changes (Resignation) of Members of the Board Tokyo, May 18, 2016 - Mitsubishi Motors Corporation (MMC) announced resignation of members of the board as follows: 1. Member of the Board who will resign Tetsuro Aikawa President and COO, Representative Director Ryugo Nakao Executive Vice President, Representative Director 2. Reason for resignations As our announcement today on the Report to the Ministry of Land, Infrastructure, Transport and Tourism concerning improper conduct in fuel consumption testing of vehicles manufactured by MMC shows, MMC has caused tremendous trouble and concern to our customers and all of our stakeholders. Considering this, Mr. Aikawa and Mr. Nakao decided today that they will resign as Representative Directors as of June 24, 2016. 3. Date of resignation June 24 (the day of MMC's ordinary shareholders meeting) We will decide on the successors of both Representative Directors at our board of directors' meeting and make an announcement promptly
  14. Tetsuro Aikawa, Mitsubishi Motors' president and COO will be stepping down from the company next month. In a statement released by the company, Aikawa will resign on June 24th, the same date of Mitsubishi's annual shareholders meeting. Ryugo Nakao, the executive vice president for quality and product strategy will also be stepping down at the same time. Automotive News reports that Akiawa stepped down for two key reasons. The first was that he was the director of the r&d division that inflated the fuel economy test figures. The second is to give a clean slate for the new development chief, that will likely be installed by Nissan as part of the two companies' new alliance. “For causing trouble and worry first and foremost to our customers and to all involved, I take responsibility,” said Akiawa. During a press conference today, CEO Osamu Masuko said he would handle the duties of both people for the time being until replacements are found. Source: Automotive News (Subscription Required), Mitsubishi Motors Press Release is on Page 2 Personnel Changes (Resignation) of Members of the Board Tokyo, May 18, 2016 - Mitsubishi Motors Corporation (MMC) announced resignation of members of the board as follows: 1. Member of the Board who will resign Tetsuro Aikawa President and COO, Representative Director Ryugo Nakao Executive Vice President, Representative Director 2. Reason for resignations As our announcement today on the Report to the Ministry of Land, Infrastructure, Transport and Tourism concerning improper conduct in fuel consumption testing of vehicles manufactured by MMC shows, MMC has caused tremendous trouble and concern to our customers and all of our stakeholders. Considering this, Mr. Aikawa and Mr. Nakao decided today that they will resign as Representative Directors as of June 24, 2016. 3. Date of resignation June 24 (the day of MMC's ordinary shareholders meeting) We will decide on the successors of both Representative Directors at our board of directors' meeting and make an announcement promptly View full article
  15. The past couple days have been crazy at Mitsubishi with executives possibly stepping down, the EPA ordering retest of vehicles, and the U.S. branch telling dealers there are no inconsistencies in the tests for the U.S. models. Let's get you up to date. On Tuesday, the Environmental Protection Agency (EPA) and California Air Resources Board (CARB) requested details from Mitsubishi on its U.S. vehicle lineup to check for discrepancies. The EPA also requested Mitsubishi to retest their U.S. lineup. A day later, Japanese media reported that Mitsubishi Motors CEO Osamu Masuko and COO Tetsuro Aikawa would resign due to manipulation of fuel economy data. According to Reuters, Aikawa denied these reports. "It's my responsibility and my mission to put the company on track to recovery. Beyond that, I haven't had a chance to even consider" the possibility of resigning, Aikawa said. Reuters also reports that Mitsubishi Motors could be on the hook for almost $1 billion to compensate owners, pay back tax rebates from the government, and other payments. This is according to analysts at Nomura Holdings. Yesterday, Mitsubishi Motors North America said they found no testing problems with vehicles sold in the U.S. between 2013 to now. “Our findings confirm that fuel economy testing data for these U.S. market vehicles is accurate and complies with established EPA procedures,” Don Swearingen, COO of 
Mitsubishi Motors North America told dealers in a letter to dealers. The letter was obtained by Automotive News. Source: Reuters via Automotive News, Reuters, Automotive News (Subscription Required), Mitsubishi Press Release is on Page 2 Mitsubishi Motors North America Statement Regarding Fuel Consumption Testing Data April 27, 2016 Mitsubishi Motors Corporation in Tokyo recently announced irregularities concerning fuel consumption testing data. To confirm that U.S. market vehicles are not affected by this issue, Mitsubishi Motors R&D America, Inc., working together with Mitsubishi Motors Corporation, proactively conducted an internal audit of U.S. market vehicles going back several model years to check previously submitted data to the EPA. After a thorough review of all 2013MY – 2017MY vehicles sold in the United States, we have determined that none of these vehicles are affected. Our findings confirm that fuel economy testing data for these U.S. market vehicles is accurate and complies with established EPA procedures. An entirely different system is used for the United States market to determine what the EPA calls Road Load Coefficient, strictly adhering to EPA procedures. The data generated is then independently verified for its accuracy before being submitted to the EPA for their fuel economy testing. MMNA has shared this information with EPA, California Air Resources Board and DOT. Mitsubishi Motors Corporation has acted quickly to address this issue and is putting in place a committee of external experts to thoroughly and objectively continue this investigation. The results of the investigation, once completed, will be made public. Mitsubishi Motors Corporation is also working closely with the Japanese Government to fully review the implications of this issue, and to discuss potential resolutions.
  16. The past couple days have been crazy at Mitsubishi with executives possibly stepping down, the EPA ordering retest of vehicles, and the U.S. branch telling dealers there are no inconsistencies in the tests for the U.S. models. Let's get you up to date. On Tuesday, the Environmental Protection Agency (EPA) and California Air Resources Board (CARB) requested details from Mitsubishi on its U.S. vehicle lineup to check for discrepancies. The EPA also requested Mitsubishi to retest their U.S. lineup. A day later, Japanese media reported that Mitsubishi Motors CEO Osamu Masuko and COO Tetsuro Aikawa would resign due to manipulation of fuel economy data. According to Reuters, Aikawa denied these reports. "It's my responsibility and my mission to put the company on track to recovery. Beyond that, I haven't had a chance to even consider" the possibility of resigning, Aikawa said. Reuters also reports that Mitsubishi Motors could be on the hook for almost $1 billion to compensate owners, pay back tax rebates from the government, and other payments. This is according to analysts at Nomura Holdings. Yesterday, Mitsubishi Motors North America said they found no testing problems with vehicles sold in the U.S. between 2013 to now. “Our findings confirm that fuel economy testing data for these U.S. market vehicles is accurate and complies with established EPA procedures,” Don Swearingen, COO of 
Mitsubishi Motors North America told dealers in a letter to dealers. The letter was obtained by Automotive News. Source: Reuters via Automotive News, Reuters, Automotive News (Subscription Required), Mitsubishi Press Release is on Page 2 Mitsubishi Motors North America Statement Regarding Fuel Consumption Testing Data April 27, 2016 Mitsubishi Motors Corporation in Tokyo recently announced irregularities concerning fuel consumption testing data. To confirm that U.S. market vehicles are not affected by this issue, Mitsubishi Motors R&D America, Inc., working together with Mitsubishi Motors Corporation, proactively conducted an internal audit of U.S. market vehicles going back several model years to check previously submitted data to the EPA. After a thorough review of all 2013MY – 2017MY vehicles sold in the United States, we have determined that none of these vehicles are affected. Our findings confirm that fuel economy testing data for these U.S. market vehicles is accurate and complies with established EPA procedures. An entirely different system is used for the United States market to determine what the EPA calls Road Load Coefficient, strictly adhering to EPA procedures. The data generated is then independently verified for its accuracy before being submitted to the EPA for their fuel economy testing. MMNA has shared this information with EPA, California Air Resources Board and DOT. Mitsubishi Motors Corporation has acted quickly to address this issue and is putting in place a committee of external experts to thoroughly and objectively continue this investigation. The results of the investigation, once completed, will be made public. Mitsubishi Motors Corporation is also working closely with the Japanese Government to fully review the implications of this issue, and to discuss potential resolutions. View full article
  17. Last week, Mitsubishi admitted that it had manipulated fuel economy figures for 625,000 vehicles sold in Japan. But today, the scandal has only grown as the Japanese automaker revealed that it used fuel economy testing methods that were not compliant with Japanese regulations since 1991. Reuters reports that Mitsubishi was compiling data for fuel economy tests using U.S. standards ( focuses on higher-speed, highway driving) and not Japanese standards (focuses more on city driving). Since Mitsubishi has come clean about the manipulation last week, the company has lost half of its market value (about $3.9 billion). This has also brought back memories of a scandal Mitsubishi Motors was embroiled in fifteen years ago with covering up customer complaints and vehicle defects for more than 20 years. Last week, Japanese authorities raided one of Mitsubishi's R&D offices. The Japanese Government has also asked Mitsubishi to submit a report on the manipulation by tomorrow. Meanwhile, U.S. regulators are pressing Mitsubishi to see if any vehicles sold here were involved in the manipulation. Mitsubishi announced that it has brought in three lawyers to conduct an investigation into the scandal. A report is expected in three months. Source: BBC News, Reuters, Mitsubishi Press Release is on Page 2 Tokyo, April 26, 2016 Regarding the Report to MLIT Concerning Improper Conduct in Fuel Consumption Testing of Vehicles Manufactured by Mitsubishi Motors Corporation The following is a summary of the report submitted by Mitsubishi Motors Corporation (MMC) to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) today, pursuant to instructions received from MLIT on April 20 to investigate improper conduct in fuel consumption testing of vehicles manufactured by MMC. Report Summary 1.Background to the improper conduct of MMC mini-car fuel consumption testing data (1) Four grades of the model year 2014 eK Wagon and Dayz (submitted in February 2013) were produced—a fuel-economy grade, a standard grade, a turbo grade and a 4WD grade. During development of the fuel-economy grade, the fuel consumption target, which had initially been 26.4km/l (in February 2011), was revised upward over a series of internal meetings until finally being set at 29.2km/l (February 2013). (2) Driving resistance data were obtained for that fuel-economy grade using a "high-speed coasting test," which differed from the coasting test required by the applicable laws and regulations in Japan. A relatively low value was selected from among the test results for use as the driving resistance value in order to give the appearance of greater fuel consumption. Data for the remaining three grades were calculated without testing based on the data for the fuel-economy grade. (3) The data submitted for the model year 2014 eK Space and Dayz Roox (submitted in October 2013), the model year 2015 eK Wagon and Dayz (submitted in March 2014), the model year 2015 eK Space and Dayz Roox (submitted in December 2014), and the model year 2016 eK Wagon and Dayz (submitted in June 2015) were all calculated without testing based on the data for the model year 2014 eK Wagon and Dayz to achieve the fuel consumption targets. 2. The following is the timeline leading up to the use of the "high-speed coasting test" differing from the test required by the applicable laws and regulations in Japan. We are currently investigating the reasoning behind each of the decisions outlined below. (1) In 1991, the coasting test was designated as the method for testing driving resistance under the Road Transport Vehicle Act, but MMC began testing vehicles for the Japanese market using a different method, the "high-speed coasting test". (2) In January 1992, a method was developed to reverse-calculate coasting time using driving resistance. (3) In January 2001, a test was run that compared the coasting test to the "high-speed coasting test," and the difference in results was found never to exceed 2.3%. (4) In February 2007, the testing manual was updated to add that "TRIAS (i.e., the coasting test) is to be used for DOM (i.e., vehicles for sale in Japan)." Nevertheless, the "high-speed coasting test" continued to be used thereafter. 3. Future direction of investigations (1) While some progress has been made in investigating the events described in sections 1 and 2 above, we will continue to work to discover the causes of this improper conduct and who is responsible. (2) Sufficient investigation has not been made into MMC vehicles other than the mini-cars described above; we plan to submit a separate report after looking into those models. Establishment of Special Investigation Committee In connection with the certification process for the mini-cars manufactured by Mitsubishi Motors Corporation ("MMC"), MMC hereby notifies that, yesterday, the board of directors decided to establish a special investigation committee (the "Committee") consisting of only external experts. MMC expresses its most sincere apologies to all of our customers, shareholders, and stakeholders for any inconvenience or concern caused by this occasion. 1: Background for the establishment of the Committee As announced, on April 20, 2016, in the press release titled "Improper conduct in fuel consumption testing on products manufactured by Mitsubishi Motors Corporation (MMC)," it has been revealed that, in the certification process for mini-cars manufactured by MMC, with respect to the fuel consumption testing data submitted to the Ministry of Land, Infrastructure, Transport, and Tourism, MMC conducted testing improperly, to present better fuel consumption rates than the actual rates; and that the testing method was also different from the one required by Japanese law (the "Matter"). For the sake of ensuring an objective and thorough investigation into the Matter, MMC has established this Committee in a way such that all members would be external experts independent from MMC. 2: Membership and activities of the Committee i Membership of the Committee The Committee is composed of the members, as follows, who have no conflicts of interest with MMC. Therefore, MMC has recognized no factor that would harm the independence and neutrality of the Committee. Further, MMC is considering appointing experts with technical knowledge to participate in the investigation. Committee Chair: Keiichi WATANABE, Attorney at Law (former Superintending Prosecutor, Tokyo High Prosecutors Office) Committee Member: Yoshiro SAKATA, Attorney at Law Committee Member: Genta YOSHINO, Attorney at Law ii Activities The Committee shall perform the following activities pursuant to MMC's delegation. I Investigation to uncover the facts surrounding the Matter, including review of related documents and data, and interviews with the related people. II Investigation to confirm the existence of other improper conduct similar to the Matter, and uncover the facts, if it does. III Analysis of the cause of the Matter, and a suggestion on measures to prevent recurrence. 3: Schedule moving forward The Committee shall investigate the Matter for about the next three months, and make a report on its results. MMC plans to disclose the report in a timely manner.
  18. Last week, Mitsubishi admitted that it had manipulated fuel economy figures for 625,000 vehicles sold in Japan. But today, the scandal has only grown as the Japanese automaker revealed that it used fuel economy testing methods that were not compliant with Japanese regulations since 1991. Reuters reports that Mitsubishi was compiling data for fuel economy tests using U.S. standards ( focuses on higher-speed, highway driving) and not Japanese standards (focuses more on city driving). Since Mitsubishi has come clean about the manipulation last week, the company has lost half of its market value (about $3.9 billion). This has also brought back memories of a scandal Mitsubishi Motors was embroiled in fifteen years ago with covering up customer complaints and vehicle defects for more than 20 years. Last week, Japanese authorities raided one of Mitsubishi's R&D offices. The Japanese Government has also asked Mitsubishi to submit a report on the manipulation by tomorrow. Meanwhile, U.S. regulators are pressing Mitsubishi to see if any vehicles sold here were involved in the manipulation. Mitsubishi announced that it has brought in three lawyers to conduct an investigation into the scandal. A report is expected in three months. Source: BBC News, Reuters, Mitsubishi Press Release is on Page 2 Tokyo, April 26, 2016 Regarding the Report to MLIT Concerning Improper Conduct in Fuel Consumption Testing of Vehicles Manufactured by Mitsubishi Motors Corporation The following is a summary of the report submitted by Mitsubishi Motors Corporation (MMC) to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) today, pursuant to instructions received from MLIT on April 20 to investigate improper conduct in fuel consumption testing of vehicles manufactured by MMC. Report Summary 1.Background to the improper conduct of MMC mini-car fuel consumption testing data (1) Four grades of the model year 2014 eK Wagon and Dayz (submitted in February 2013) were produced—a fuel-economy grade, a standard grade, a turbo grade and a 4WD grade. During development of the fuel-economy grade, the fuel consumption target, which had initially been 26.4km/l (in February 2011), was revised upward over a series of internal meetings until finally being set at 29.2km/l (February 2013). (2) Driving resistance data were obtained for that fuel-economy grade using a "high-speed coasting test," which differed from the coasting test required by the applicable laws and regulations in Japan. A relatively low value was selected from among the test results for use as the driving resistance value in order to give the appearance of greater fuel consumption. Data for the remaining three grades were calculated without testing based on the data for the fuel-economy grade. (3) The data submitted for the model year 2014 eK Space and Dayz Roox (submitted in October 2013), the model year 2015 eK Wagon and Dayz (submitted in March 2014), the model year 2015 eK Space and Dayz Roox (submitted in December 2014), and the model year 2016 eK Wagon and Dayz (submitted in June 2015) were all calculated without testing based on the data for the model year 2014 eK Wagon and Dayz to achieve the fuel consumption targets. 2. The following is the timeline leading up to the use of the "high-speed coasting test" differing from the test required by the applicable laws and regulations in Japan. We are currently investigating the reasoning behind each of the decisions outlined below. (1) In 1991, the coasting test was designated as the method for testing driving resistance under the Road Transport Vehicle Act, but MMC began testing vehicles for the Japanese market using a different method, the "high-speed coasting test". (2) In January 1992, a method was developed to reverse-calculate coasting time using driving resistance. (3) In January 2001, a test was run that compared the coasting test to the "high-speed coasting test," and the difference in results was found never to exceed 2.3%. (4) In February 2007, the testing manual was updated to add that "TRIAS (i.e., the coasting test) is to be used for DOM (i.e., vehicles for sale in Japan)." Nevertheless, the "high-speed coasting test" continued to be used thereafter. 3. Future direction of investigations (1) While some progress has been made in investigating the events described in sections 1 and 2 above, we will continue to work to discover the causes of this improper conduct and who is responsible. (2) Sufficient investigation has not been made into MMC vehicles other than the mini-cars described above; we plan to submit a separate report after looking into those models. Establishment of Special Investigation Committee In connection with the certification process for the mini-cars manufactured by Mitsubishi Motors Corporation ("MMC"), MMC hereby notifies that, yesterday, the board of directors decided to establish a special investigation committee (the "Committee") consisting of only external experts. MMC expresses its most sincere apologies to all of our customers, shareholders, and stakeholders for any inconvenience or concern caused by this occasion. 1: Background for the establishment of the Committee As announced, on April 20, 2016, in the press release titled "Improper conduct in fuel consumption testing on products manufactured by Mitsubishi Motors Corporation (MMC)," it has been revealed that, in the certification process for mini-cars manufactured by MMC, with respect to the fuel consumption testing data submitted to the Ministry of Land, Infrastructure, Transport, and Tourism, MMC conducted testing improperly, to present better fuel consumption rates than the actual rates; and that the testing method was also different from the one required by Japanese law (the "Matter"). For the sake of ensuring an objective and thorough investigation into the Matter, MMC has established this Committee in a way such that all members would be external experts independent from MMC. 2: Membership and activities of the Committee i Membership of the Committee The Committee is composed of the members, as follows, who have no conflicts of interest with MMC. Therefore, MMC has recognized no factor that would harm the independence and neutrality of the Committee. Further, MMC is considering appointing experts with technical knowledge to participate in the investigation. Committee Chair: Keiichi WATANABE, Attorney at Law (former Superintending Prosecutor, Tokyo High Prosecutors Office) Committee Member: Yoshiro SAKATA, Attorney at Law Committee Member: Genta YOSHINO, Attorney at Law ii Activities The Committee shall perform the following activities pursuant to MMC's delegation. I Investigation to uncover the facts surrounding the Matter, including review of related documents and data, and interviews with the related people. II Investigation to confirm the existence of other improper conduct similar to the Matter, and uncover the facts, if it does. III Analysis of the cause of the Matter, and a suggestion on measures to prevent recurrence. 3: Schedule moving forward The Committee shall investigate the Matter for about the next three months, and make a report on its results. MMC plans to disclose the report in a timely manner. View full article
  19. Mitsubishi Motors has admitted today to manipulating fuel economy tests for 625,000 vehicles sold in Japan. The manipulation involves four kei (small-capacity engines and compact dimensions) cars; Mitsubishi eK Wagon, Mitsubishi eK Space, Nissan Dayz, and Nissan Dayz Roox. Out of the total 625,000 vehicles, the majority of the vehicles are the Nissan models. "The wrongdoing was intentional. It is clear the falsification was done to make the mileage look better. But why they would resort to fraud to do this is still unclear," said Mitsubishi Motors President Tetsuro Aikawa at a press conference. According to BBC News, the manipulation was done by adjusting the tire pressures when testing fuel economy on a rolling road. Nissan uncovered the manipulation as they were unable to replicate the fuel economy figures that Mitsubishi got. "This discovery was made during Nissan’s assessment of data from the current model as part of our development of the next-generation vehicle. We immediately brought the discrepancy to the attention of Mitsubishi, as they are responsible for the development and homologation of the current vehicles. In response to Nissan’s request, Mitsubishi admitted that data had been intentionally manipulated in its fuel economy testing process for certification," Nissan said in a statement. Both Mitsubishi and Nissan have stopped selling the models and are currently figuring out a compensation for affected owners. Mitsubishi has also announced they will be conducting an investigation into overseas models as their internal investigation showed the manipulation was used on other Mitsubishi products. "We will investigate why this happened and prevent a recurrence. We will inform our customers. I feel horrible they were given the wrong numbers," Aikawa said. After the announcement was made, shares in Mitsubishi dropped 15 percent, knocking off about $1.2 billion of the company's market value. This is another black mark for the Japanese company. For more than a decade, Mitsubishi has been trying to regain confidence from the market after it was revealed the company covered up a number of defects involving axles that could cause the wheels to detach. “It’s again bad for the company’s image. It’s not the first time for Mitsubishi to have this kind of issue, and this definitely won’t help them rebuild their reputation,” said Seiji Sugiura, an analyst at Tokai Tokyo Research Center to Automotive News. Source: Automotive News (Subscription Required), Autocar, Associated Press, BBC News, Mitsubishi Statement from Mitsubishi is on Page 2 Improper conduct in fuel consumption testing on products manufactured by Mitsubishi Motors Corporation (MMC) In connection with the certification process for the mini-cars manufactured by MMC, we found that with respect to the fuel consumption testing data submitted to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT), MMC conducted testing improperly to present better fuel consumption rates than the actual rates; and that the testing method was also different from the one required by Japanese law. We express deep apologies to all of our customers and stakeholders for this issue. The applicable cars are four mini-car models, two of which are the "eK Wagon" and "eK Space" which have been manufactured by MMC; and the other two are the "Dayz" and "Dayz Roox" which have been manufactured by MMC and supplied to Nissan Motors Corporation (NM) since June 2013. Up until the end of March 2016, MMC has sold 157 thousand units of the eK Wagon and eK Space and supplied 468 thousand units of the Dayz and Dayz Roox to NM. Since MMC developed the applicable cars and was responsible for obtaining the relevant certifications, MMC conducted fuel consumption testing. In the process of the development for the next generation of mini-car products, NM examined the fuel consumption rates of the applicable cars for NM's reference and found deviations in the figures. NM requested MMC to review the running resistance(*) value set by MMC during tests by MMC. In the course of our internal investigation upon this request, MMC learned of the improper conduct that MMC used the running resistance value for testing which provided more advantageous fuel consumption rates than the actual rates. MMC will sincerely respond to our customers who own and use the applicable cars. (*) running resistance: rolling resistance (mainly generated by tires) and air resistance while vehicles are moving We have decided to stop production and sales of the applicable cars. NM also has stopped sales of the applicable cars, and MMC and NM will discuss compensation regarding this issue. During our internal investigation, we have found that the testing method which was different from the one required by Japanese law has been applied to other models manufactured by MMC for the Japanese domestic market. Taking into account the seriousness of these issues, we will also conduct an investigation into products manufactured for overseas markets. In order to conduct an investigation into these issues objectively and thoroughly, we plan to set up a committee consisting of only external experts. We will publish the results of our investigation as soon as it is complete. View full article
  20. Mitsubishi Motors has admitted today to manipulating fuel economy tests for 625,000 vehicles sold in Japan. The manipulation involves four kei (small-capacity engines and compact dimensions) cars; Mitsubishi eK Wagon, Mitsubishi eK Space, Nissan Dayz, and Nissan Dayz Roox. Out of the total 625,000 vehicles, the majority of the vehicles are the Nissan models. "The wrongdoing was intentional. It is clear the falsification was done to make the mileage look better. But why they would resort to fraud to do this is still unclear," said Mitsubishi Motors President Tetsuro Aikawa at a press conference. According to BBC News, the manipulation was done by adjusting the tire pressures when testing fuel economy on a rolling road. Nissan uncovered the manipulation as they were unable to replicate the fuel economy figures that Mitsubishi got. "This discovery was made during Nissan’s assessment of data from the current model as part of our development of the next-generation vehicle. We immediately brought the discrepancy to the attention of Mitsubishi, as they are responsible for the development and homologation of the current vehicles. In response to Nissan’s request, Mitsubishi admitted that data had been intentionally manipulated in its fuel economy testing process for certification," Nissan said in a statement. Both Mitsubishi and Nissan have stopped selling the models and are currently figuring out a compensation for affected owners. Mitsubishi has also announced they will be conducting an investigation into overseas models as their internal investigation showed the manipulation was used on other Mitsubishi products. "We will investigate why this happened and prevent a recurrence. We will inform our customers. I feel horrible they were given the wrong numbers," Aikawa said. After the announcement was made, shares in Mitsubishi dropped 15 percent, knocking off about $1.2 billion of the company's market value. This is another black mark for the Japanese company. For more than a decade, Mitsubishi has been trying to regain confidence from the market after it was revealed the company covered up a number of defects involving axles that could cause the wheels to detach. “It’s again bad for the company’s image. It’s not the first time for Mitsubishi to have this kind of issue, and this definitely won’t help them rebuild their reputation,” said Seiji Sugiura, an analyst at Tokai Tokyo Research Center to Automotive News. Source: Automotive News (Subscription Required), Autocar, Associated Press, BBC News, Mitsubishi Statement from Mitsubishi is on Page 2 Improper conduct in fuel consumption testing on products manufactured by Mitsubishi Motors Corporation (MMC) In connection with the certification process for the mini-cars manufactured by MMC, we found that with respect to the fuel consumption testing data submitted to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT), MMC conducted testing improperly to present better fuel consumption rates than the actual rates; and that the testing method was also different from the one required by Japanese law. We express deep apologies to all of our customers and stakeholders for this issue. The applicable cars are four mini-car models, two of which are the "eK Wagon" and "eK Space" which have been manufactured by MMC; and the other two are the "Dayz" and "Dayz Roox" which have been manufactured by MMC and supplied to Nissan Motors Corporation (NM) since June 2013. Up until the end of March 2016, MMC has sold 157 thousand units of the eK Wagon and eK Space and supplied 468 thousand units of the Dayz and Dayz Roox to NM. Since MMC developed the applicable cars and was responsible for obtaining the relevant certifications, MMC conducted fuel consumption testing. In the process of the development for the next generation of mini-car products, NM examined the fuel consumption rates of the applicable cars for NM's reference and found deviations in the figures. NM requested MMC to review the running resistance(*) value set by MMC during tests by MMC. In the course of our internal investigation upon this request, MMC learned of the improper conduct that MMC used the running resistance value for testing which provided more advantageous fuel consumption rates than the actual rates. MMC will sincerely respond to our customers who own and use the applicable cars. (*) running resistance: rolling resistance (mainly generated by tires) and air resistance while vehicles are moving We have decided to stop production and sales of the applicable cars. NM also has stopped sales of the applicable cars, and MMC and NM will discuss compensation regarding this issue. During our internal investigation, we have found that the testing method which was different from the one required by Japanese law has been applied to other models manufactured by MMC for the Japanese domestic market. Taking into account the seriousness of these issues, we will also conduct an investigation into products manufactured for overseas markets. In order to conduct an investigation into these issues objectively and thoroughly, we plan to set up a committee consisting of only external experts. We will publish the results of our investigation as soon as it is complete.
  21. Ford has finally spilled the beans on fuel economy for the 2015 F-150 engine lineup for two-wheel and four-wheel drive variations. The fuel-economy numbers do put Ford in a good place for most half-ton gasoline competitors. But the Ram 1500 EcoDiesel still rules the roost in overall fuel economy with 20 City/28 Highway/23 Combined. Still Ford has an argument that the F-150 is the better value. "Equipped with 2.7-liter EcoBoost, the all-new F-150 is a better value than even diesel-powered pickups. For instance, the $495 option on the Ford is significantly less than the $4,470 3.0-liter Ram EcoDiesel option. In addition, with diesel prices currently 76 cents per gallon more at the pump, each 3.0-liter Ram EcoDiesel fill-up costs over $24 more than the new 2.7-liter F-150. That means at today’s fuel prices Ram EcoDiesel owners are not able to offset the additional cost of their EcoDiesel engines with fuel savings." Here are the official numbers from the EPA 4x2 F-150 3.5L V6: 18 City/25 Highway/20 Combined 4x4 F-150 3.5L V6: 17 City/23 Highway/19 Combined 4x2 F-150 2.7L V6 EcoBoost: 19 City/26 Highway/22 Combined 4x4 F-150 2.7L V6 EcoBoost: 18 City/23 Highway/20 Combined 4x2 F-150 5.0L V8: 15 City/22 Highway/18 Combined 4x4 F-150 5.0L V8: 15 City/21 Highway/17 Combined 4x2 F-150 3.5L V6 EcoBoost: 17 City/24 Highway/20 Combined 4x4 F-150 3.5L V6 EcoBoost: 17 City/23 Highway/19 Combined Source: Ford Press Release is on Page 2 FORD'S BLUEPRINT FOR SUSTAINABILITY ADVANCES TO NEXT LEVEL; NEW F-150 LINEUP INCLUDES HIGHEST EPA-ESTIMATED FUEL ECONOMY RATINGS AMONG GAS-POWERED PICKUPS The new 2015 F-150 lineup – featuring the toughest, smartest and most capable F-150s ever – now includes the highest EPA-estimated fuel economy ratings of any full-size gasoline pickup on the market When equipped with available 2.7-liter EcoBoost® engine, new F-150 4x2 has EPA-estimated 19 mpg City, 26 mpg Highway and 22 mpg Combined fuel economy ratings 2015 F-150 can tow as much as 1,110 pounds more, haul as much as 530 pounds more, has a 5 percent to 16 percent better power-to-weight ratio and new F-150 EPA fuel economy ratings are 5 to 29 percent better than current models, depending on engine Ford advances to the next level in providing customers with more fuel-efficient vehicles, as the new 2015 F-150 lineup includes the highest EPA-estimated fuel economy ratings of any gasoline-powered full-size pickup sold in America. Up to 700 pounds lighter than current models, the new F-150 4x2 with Ford's 2.7-liter EcoBoost engine has EPA-estimated ratings of 19 mpg City, 26 mpg Highway and 22 mpg Combined. That is 5 percent to 29 percent better than current F-150 models, depending on engine and driveline configuration on the combined cycle. "We set out to create the future of tough with the new F-150," said Raj Nair, Ford group vice president, Global Product Development. "We are delivering with the toughest, smartest and most capable F-150 ever – and now the highest EPA-estimated fuel economy ratings of any full-size gas-powered pickup in America." The improved performance is enabled by saving weight through the use of high-strength steel and high-strength, military-grade, aluminum alloys plus smart engineering. The weight savings not only improve fuel efficiency, they improve the new F-150's capability and performance. Combined with EcoBoost engine technology, the F-150 now tows as much as 1,100 more pounds and hauls as much as 530 pounds more than today's model with a 5 percent to 16 percent better power-to-weight ratio. Ford is producing trucks and now has started shipping the all-new pickups to its dealers. Delivering Ford's Blueprint for Sustainability The F-150's fuel economy leadership pays off two key elements of Ford's Blueprint for Sustainability – making high volumes of internal combustion engines as efficient as possible through EcoBoost technology and achieving substantial vehicle weight savings. Introduced in 2007, the Blueprint is a plan of near-, mid- and long-term product and technology actions that incorporate fuel-saving technologies into the company's vehicles, while continuing development of breakthrough technologies. Today, Ford has 2 million EcoBoost engines on the road in cars, utilities and trucks. EcoBoost technology was first offered for F-150 customers in early 2011 with the 3.5-liter EcoBoost engine. To date, Ford has sold 600,000 F-150 trucks equipped with 3.5-liter EcoBoost engines, helping Ford customers save an estimated 68 million gallons of gasoline. New truck, even more engine choices Ford offers new F-150 customers four engine choices: the available 2.7-liter EcoBoost with standard Auto Start-Stop, a new standard 3.5-liter V6 Ti-VCT engine, a more powerful available 5.0-liter V8 Ti-VCT engine and an available premium 3.5-liter EcoBoost engine. These trucks represent a substantial improvement over trucks of the past. Owners of seven- or eight-year-old trucks who are in the market for a new truck may be surprised by the impressive capability of the 2015 F-150. For example, returning owners of 2008 model year F-150s could see EPA-estimated fuel economy rating improvements of up to 43 percent and power-to-weight increases of up to 46 percent, while towing could improve as much as 3,900 pounds and payload could improve as much as 1,390 pounds, depending on engine and configuration. View full article
  22. Ford has finally spilled the beans on fuel economy for the 2015 F-150 engine lineup for two-wheel and four-wheel drive variations. The fuel-economy numbers do put Ford in a good place for most half-ton gasoline competitors. But the Ram 1500 EcoDiesel still rules the roost in overall fuel economy with 20 City/28 Highway/23 Combined. Still Ford has an argument that the F-150 is the better value. "Equipped with 2.7-liter EcoBoost, the all-new F-150 is a better value than even diesel-powered pickups. For instance, the $495 option on the Ford is significantly less than the $4,470 3.0-liter Ram EcoDiesel option. In addition, with diesel prices currently 76 cents per gallon more at the pump, each 3.0-liter Ram EcoDiesel fill-up costs over $24 more than the new 2.7-liter F-150. That means at today’s fuel prices Ram EcoDiesel owners are not able to offset the additional cost of their EcoDiesel engines with fuel savings." Here are the official numbers from the EPA 4x2 F-150 3.5L V6: 18 City/25 Highway/20 Combined 4x4 F-150 3.5L V6: 17 City/23 Highway/19 Combined 4x2 F-150 2.7L V6 EcoBoost: 19 City/26 Highway/22 Combined 4x4 F-150 2.7L V6 EcoBoost: 18 City/23 Highway/20 Combined 4x2 F-150 5.0L V8: 15 City/22 Highway/18 Combined 4x4 F-150 5.0L V8: 15 City/21 Highway/17 Combined 4x2 F-150 3.5L V6 EcoBoost: 17 City/24 Highway/20 Combined 4x4 F-150 3.5L V6 EcoBoost: 17 City/23 Highway/19 Combined Source: Ford Press Release is on Page 2 FORD'S BLUEPRINT FOR SUSTAINABILITY ADVANCES TO NEXT LEVEL; NEW F-150 LINEUP INCLUDES HIGHEST EPA-ESTIMATED FUEL ECONOMY RATINGS AMONG GAS-POWERED PICKUPS The new 2015 F-150 lineup – featuring the toughest, smartest and most capable F-150s ever – now includes the highest EPA-estimated fuel economy ratings of any full-size gasoline pickup on the market When equipped with available 2.7-liter EcoBoost® engine, new F-150 4x2 has EPA-estimated 19 mpg City, 26 mpg Highway and 22 mpg Combined fuel economy ratings 2015 F-150 can tow as much as 1,110 pounds more, haul as much as 530 pounds more, has a 5 percent to 16 percent better power-to-weight ratio and new F-150 EPA fuel economy ratings are 5 to 29 percent better than current models, depending on engine Ford advances to the next level in providing customers with more fuel-efficient vehicles, as the new 2015 F-150 lineup includes the highest EPA-estimated fuel economy ratings of any gasoline-powered full-size pickup sold in America. Up to 700 pounds lighter than current models, the new F-150 4x2 with Ford's 2.7-liter EcoBoost engine has EPA-estimated ratings of 19 mpg City, 26 mpg Highway and 22 mpg Combined. That is 5 percent to 29 percent better than current F-150 models, depending on engine and driveline configuration on the combined cycle. "We set out to create the future of tough with the new F-150," said Raj Nair, Ford group vice president, Global Product Development. "We are delivering with the toughest, smartest and most capable F-150 ever – and now the highest EPA-estimated fuel economy ratings of any full-size gas-powered pickup in America." The improved performance is enabled by saving weight through the use of high-strength steel and high-strength, military-grade, aluminum alloys plus smart engineering. The weight savings not only improve fuel efficiency, they improve the new F-150's capability and performance. Combined with EcoBoost engine technology, the F-150 now tows as much as 1,100 more pounds and hauls as much as 530 pounds more than today's model with a 5 percent to 16 percent better power-to-weight ratio. Ford is producing trucks and now has started shipping the all-new pickups to its dealers. Delivering Ford's Blueprint for Sustainability The F-150's fuel economy leadership pays off two key elements of Ford's Blueprint for Sustainability – making high volumes of internal combustion engines as efficient as possible through EcoBoost technology and achieving substantial vehicle weight savings. Introduced in 2007, the Blueprint is a plan of near-, mid- and long-term product and technology actions that incorporate fuel-saving technologies into the company's vehicles, while continuing development of breakthrough technologies. Today, Ford has 2 million EcoBoost engines on the road in cars, utilities and trucks. EcoBoost technology was first offered for F-150 customers in early 2011 with the 3.5-liter EcoBoost engine. To date, Ford has sold 600,000 F-150 trucks equipped with 3.5-liter EcoBoost engines, helping Ford customers save an estimated 68 million gallons of gasoline. New truck, even more engine choices Ford offers new F-150 customers four engine choices: the available 2.7-liter EcoBoost with standard Auto Start-Stop, a new standard 3.5-liter V6 Ti-VCT engine, a more powerful available 5.0-liter V8 Ti-VCT engine and an available premium 3.5-liter EcoBoost engine. These trucks represent a substantial improvement over trucks of the past. Owners of seven- or eight-year-old trucks who are in the market for a new truck may be surprised by the impressive capability of the 2015 F-150. For example, returning owners of 2008 model year F-150s could see EPA-estimated fuel economy rating improvements of up to 43 percent and power-to-weight increases of up to 46 percent, while towing could improve as much as 3,900 pounds and payload could improve as much as 1,390 pounds, depending on engine and configuration.
  23. FCA CEO Sergio Marchionne is known to speak his mind and tell it like it is. During the Automotive News World Congress, Marchionne questioned the U.S. Government's mandate of 54.5 MPG by 2025. "There is not a single carmaker that cannot make the 54 number. The question is, at what a price?" said Marchionne. A possible reason for the CEO of FCA to bring this up is gas prices around the nation are hovering around $2.00. Also, sales of hybrids and electric vehicles have been declining, partly due to gas prices. Now many executives say that low gas prices will pass and that they will continue in investing in newer technologies. Now Marchionne does agree automakers can meet that deadline, but questions the timeframe of when it will be implemented. "The question is whether 2025 is a realistic date for which to achieve it," Marchionne said. "Fifty-four will not change. The date of implementation might." Marchionne also went on to rail the Government's plans for subsidizing electrification technology. "Let the automotive industry get there. We'll find a way to get there in the most cost-efficient way. Don't tell me that I need to have electrification as the answer. It's improper." Source: The Detroit News, Detroit Free Press View full article
  24. FCA CEO Sergio Marchionne is known to speak his mind and tell it like it is. During the Automotive News World Congress, Marchionne questioned the U.S. Government's mandate of 54.5 MPG by 2025. "There is not a single carmaker that cannot make the 54 number. The question is, at what a price?" said Marchionne. A possible reason for the CEO of FCA to bring this up is gas prices around the nation are hovering around $2.00. Also, sales of hybrids and electric vehicles have been declining, partly due to gas prices. Now many executives say that low gas prices will pass and that they will continue in investing in newer technologies. Now Marchionne does agree automakers can meet that deadline, but questions the timeframe of when it will be implemented. "The question is whether 2025 is a realistic date for which to achieve it," Marchionne said. "Fifty-four will not change. The date of implementation might." Marchionne also went on to rail the Government's plans for subsidizing electrification technology. "Let the automotive industry get there. We'll find a way to get there in the most cost-efficient way. Don't tell me that I need to have electrification as the answer. It's improper." Source: The Detroit News, Detroit Free Press
  25. Hyundai and Kia have been hit with the largest penalty in the history of the federal Clean Air Act. The two automakers agreed to a total of $350 million in penalties for overstating the fuel economy ratings for a number of vehicles from the 2011 to 2013 model year. The total was reached through cooperation between the Environmental Protection Agency, the Department of Justice, and the California Air Resources Board. Here's how the $350 million breaks down: $100 Million Fine to the Federal Government Surrender fuel economy credits valued at $200 Million Spend $50 Million to upgrade its fuel economy testing procedures “Greenhouse gas emission laws protect the public from the dangers of climate change, and today’s action reinforces EPA’s commitment to see those laws through,” said EPA Administrator Gina McCarthy. “Businesses that play by the rules shouldn’t have to compete with those breaking the law. This settlement upholds the integrity of the nation’s fuel economy and greenhouse gas programs and supports all Americans who want to save fuel costs and reduce their environmental impact.” This comes from the mess Hyundai and Kia found themselves in 2012 when they had to revise the fuel economy ratings on a number of vehicles from the 2011 to 2013 model years after it was found the numbers were a bit too high than what consumers got. The EPA accuses the two automakers of implementing a testing protocol that inaccurately inflated fuel-economy ratings, and then picking the higher numbers to put on their estimates. Hyundai and Kia argue that the government-mandated testing has vagueness within certain parameters such as tire condition during testing that allow for inconsistencies to appear. Hyundai also cites a "data processing error related to the coastdown testing method" in the testing procedure. But for their part, Hyundai and Kia are forming "an independent certification test group" to supervise testing, training and reporting. The two will also be auditing the fuel economy figures on 2015-2016 model year vehicles for accuracy. Source: EPA, Hyundai Press Releases are on Page 2 November 3, 2014 United States Reaches Settlement with Hyundai and Kia in Historic Greenhouse Gas Enforcement Case Hyundai and Kia to pay record $100 million penalty for selling vehicles that emit more greenhouse gases than automakers certified to EPA Washington – The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Justice today announced an historic settlement with the automakers Hyundai and Kia that will resolve alleged Clean Air Act violations based on their sale of close to 1.2 million vehicles that will emit approximately 4.75 million metric tons of greenhouse gases in excess of what the automakers certified to EPA. The automakers will pay a $100 million civil penalty, the largest in Clean Air Act history, to resolve violations concerning the testing and certification of vehicles sold in America and spend approximately $50 million on measures to prevent any future violations. Hyundai and Kia will also forfeit 4.75 million greenhouse gas emission credits that the companies previously claimed, which are estimated to be worth over $200 million. Automakers earn greenhouse gas emissions credits for building vehicles with lower emissions than required by law. These credits can be used to offset emissions from less fuel-efficient vehicle models or sold or traded to other automakers for the same purpose. The greenhouse gas emissions that the forfeited credits would have allowed are equal to the emissions from powering more than 433,000 homes for a year. “Greenhouse gas emission laws protect the public from the dangers of climate change, and today’s action reinforces EPA’s commitment to see those laws through,” said EPA Administrator Gina McCarthy. “Businesses that play by the rules shouldn’t have to compete with those breaking the law. This settlement upholds the integrity of the nation’s fuel economy and greenhouse gas programs and supports all Americans who want to save fuel costs and reduce their environmental impact.” “This unprecedented resolution with Hyundai and Kia underscores the Justice Department’s firm commitment to safeguarding American consumers, ensuring fairness in every marketplace, protecting the environment, and relentlessly pursuing companies that make misrepresentations and violate the law,” said Attorney General Eric Holder. “This type of conduct quite simply will not be tolerated. And the Justice Department will never rest or waver in our determination to take action against any company that engages in such activities – whenever and wherever they are uncovered.” The complaint was filed today jointly by the United States and the California Air Resources Board in the U.S. District Court for the District of Columbia. It alleges that the car companies sold close to 1.2 million cars and SUVs from model years 2012 and 2013 whose design specifications did not conform to the specifications the companies certified to EPA, which led to the misstatements of greenhouse gas emissions. These allegations concern the Hyundai Accent, Elantra, Veloster and Santa Fe vehicles and the Kia Rio and Soul vehicles. Additionally Hyundai and Kia gave consumers inaccurate information about the real-world fuel economy performance of many of these vehicles. Hyundai and Kia overstated the fuel economy by one to six miles per gallon, depending on the vehicle. Similarly, they understated the emissions of greenhouse gases by their fleets by approximately 4.75 million metric tons over the estimated lifetime of the vehicles. In order to reduce the likelihood of future vehicle greenhouse gas emission miscalculations, Hyundai and Kia have agreed to reorganize their emissions certification group, revise test protocols, improve management of test data and enhance employee training before they conduct emissions testing to certify their model year 2017 vehicles. In the meantime, Hyundai and Kia must audit their fleets for model years 2015 and 2016 to ensure that vehicles sold to the public conform to the description and data provided to EPA. EPA discovered these violations in 2012 during audit testing. Subsequent investigation revealed that Hyundai’s and Kia’s testing protocol included numerous elements that led to inaccurately higher fuel economy ratings. In processing test data, Hyundai and Kia allegedly chose favorable results rather than average results from a large number of tests. In November 2012, Hyundai and Kia responded to EPA’s findings by correcting the fuel economy ratings for many of their 2011, 2012 and 2013 model year vehicles and establishing a reimbursement program to compensate owners for increased fuel costs due to overstated fuel economy. This case involves five different entities: Hyundai Motor Company, Hyundai Motor America, Kia Motors Corporation, Kia Motors America, and Hyundai America Technical Center, Inc. The California Air Resources Board joined the United States as a co-plaintiff in this settlement, and will receive $6,343,400 of the $100 million civil penalty. The proposed consent decree is subject to a 30-day public comment period and court review and approval. A copy of the consent decree is available on the Department of Justice website at http://www.justice.gov/enrd/Consent_Decrees.html. HYUNDAI RESOLVES U.S. EPA INVESTIGATION OF 2012 FUEL ECONOMY RATINGS RESTATEMENT Automaker’s New Fuel Economy Testing Program Approved by EPA in October 2012 FOUNTAIN VALLEY, Calif., Nov. 3, 2014 – Hyundai today announced that it has entered into an agreement with the U.S. Environmental Protection Agency (EPA) and California Air Resources Board (CARB) to resolve the government’s investigation of its 2012 restatement of fuel economy ratings. The adjustment affected approximately one-quarter of Hyundai 2011-13 model year vehicles, reducing their combined city/highway fuel economy by 1-2 miles per gallon (mpg). As part of the agreement, Hyundai will pay a $56.8 million civil penalty, forgo the use of approximately 2.7 million greenhouse gas (GHG) emission credits – the credits representing the difference between original and restated emission data – and continue to implement a series of measures including the formation of an independent certification test group to oversee the automaker’s fuel economy testing, training, data management and reporting. Additionally, Hyundai will continue to audit model year 2015-16 vehicles to confirm the accuracy of their fuel economy ratings. “Hyundai has acted transparently, reimbursed affected customers and fully cooperated with the EPA throughout the course of its investigation,” said David Zuchowski, president and CEO of Hyundai Motor America. “We are pleased to put this behind us, and gratified that even with our adjusted fuel economy ratings, Hyundai continues to lead the automotive industry in fuel efficiency and environmental performance.” According to the EPA Fuel Economy Trends Report, Hyundai’s adjusted fuel economy ratings are 27.2 mpg for 2011, 28.3 mpg for 2012 and 29.0 mpg for 2013 model year vehicles.[1] Similarly, the Union of Concerned Scientists recently named Hyundai the “Greenest Automaker” for the 2013 model year based on emissions of nitrogen oxide, non-methane organic gas and CO2. Importantly, Hyundai believes its process for testing the fuel economy of its vehicles is consistent with government regulations and guidance, which afford broad latitude to vehicle manufacturers in determining test conditions. Outside of a data processing error related to the coastdown testing method by which Hyundai calculated resistance or “road load,” it was Hyundai’s regulatory interpretation within this broad latitude that was responsible for the ratings restatement. Hyundai has corrected the error, and the EPA in October 2012 approved the automaker’s new fuel economy testing program. Over the past 30 years, the EPA has acknowledged the variability of its coastdown testing,[2] and currently is working to develop new guidance for the industry in order to improve its precision, repeatability and accuracy. “Hyundai is committed to partnering with the government to innovate fuel economy testing procedures in order to achieve more accurate and reliable ‘real-world’ results for consumers,” said Zuchowski. There is no environmental impact resulting from Hyundai’s fuel economy ratings restatement, and the automaker will continue to hold a surplus of GHG credits – approximately 20 million – following implementation of today’s settlement. To compensate the national program to reduce GHG emissions and improve fuel economy, Hyundai will amend the GHG reports it submitted to the EPA before understanding that its interpretation of industry test procedures differed from the government’s reading of the same procedures. About Hyundai’s Fuel Economy Restatement and Customer Reimbursement Program On November 2, 2012, Hyundai announced the voluntary adjustment of fuel economy ratings for approximately one-quarter of its 2011-13 model year vehicles, reducing their combined city/highway fuel economy by 1-2 miles per gallon, and relabeled affected vehicles still in dealer showrooms. In order to compensate affected customers, Hyundai provided a lifetime reimbursement program to cover the additional fuel costs associated with the rating change plus a 15 percent premium in acknowledgment of the inconvenience. The majority of customers affected by the ratings restatement enrolled in the automaker’s reimbursement program and are being compensated based on their actual mileage and the fuel costs for the region in which they live. While customers responded favorably to the reimbursement program, Hyundai through a recent class action settlement offered the option of a single lump sum cash payment for those customers who would rather not return to a dealership to have their mileage verified. So, through either the one-time lump sum payment or original lifetime reimbursement program, customers have the option of being made fully whole for Hyundai’s ratings restatement.

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