U-M study says fuel economy equals profits for Big Three

Michigan
Environmental Report

Volume 24 . Number 5
Fall 2006

MEC STAFF

President
Lana Pollack

Office Manager and
Assistant to the President
Judy Bearup

Policy Director
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Deputy Policy Director
Kate Madigan

Communicatons Director
Hugh McDiarmid, Jr.

Land Use and Energy Program Associate
Ariel Shaw

Land Programs Associate
Benjamin Stupka

MER Design & Layout
Rose Homa

CLEAN ENERGY

U-M study says fuel economy equals profits for Big Three

Domestic automakers could increase profits by raising fuel economy across all model lines, according to a new study by the University of Michigan’s Transportation Research Institute.

The Big Three would need to go beyond current federal fuel economy standards, even if gas prices drop. But they could do that by simply incorporating existing technology into their current vehicle mix. Assuming gas at $3.10 per gallon, the Big Three could collectively increase profits by $2 billion and save nearly 35,000 jobs, according to the study. Find it at www.osat.umich.edu.

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