buying Ford, Honda, VW and BMW seal California fuel-economy and emissions deal
2020 Honda Accord vs. 2020 Hyundai Sonata: Which midsize sedan is best?
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Ford, Honda, Volkswagen and BMW have agreed to continue to improve fuel economy and reduce emissions, despite .
The California Air Resources Board sealed a new deal with the four major automakers on the matter, this time last year. CARB did not immediately return Roadshow's request for comment on the deal's finalization., after initially
Wendell Scott: NASCAR’s First Black Racer Fought Uphill Battle
NASCAR legend Wendell Scott was the first Black driver in stock-car racing, and despite tough odds, he managed to field a competitive team, winning with a 1966 Ford Galaxie.Related: Racing While Black: How Willy T.
Each of the automakers, which together make up about 30% of global auto sales, agreed to improve fuel economy figures by 3.7% year-over-year starting in 2022. The current pact runs through 2026. The figure remains below the Obama administration's previous regulations stipulating 5% increases, but far higher than the Trump administration's 1.5% increase.
The voluntary agreement has produced its fair share of friction. Two months after the announcement, the US Department of Justice announced an into each automaker, though the DOJ dropped the investigation shortly thereafter. It's also drawn a line between various automakers. Notably, Toyota , General Motors and Fiat Chrysler Automobiles did not side with California in the fuel economy and emissions battle.
1988 BMW M3 Just Sold For Almost Two Times The Price Of New M8 Coupe
And we have more than 130 photos of it. There’s absolutely no need to explain how important the BMW M3 (E30) was not only for BMW but for the entire automotive industry. A car that totally changed the performance vehicle segment and that is still appreciated for its dynamic capabilities even today. No wonder one of the best M3 (E30) examples we’ve ever seen just sold at an online auction for more than three times the starting price of a brand new BMW M4 Coupe.
Volkswagen said in a statement on the deal it's "pleased to have finalized our agreement with the state of California, supported by the 13 other states that have adopted California's vehicle emissions standards. While a single national standard remains our preference, this agreement achieves substantial annual greenhouse gas emissions reductions and provides a clear pathway for our brands to continue bringing consumer-focused innovation to the market."
In a statement, Ford said, "We are proud to lead the way in adopting meaningful greenhouse gas emissions reductions with California and do more to fight climate change. Our final agreement will reduce emissions in our vehicles at a more stringent rate, support and incentivize the production of electrified products, and create regulatory certainty that benefits the environment and reduces costs to customers."
Electric Vehicles are Too Damn Expensive
The average Josephine on the street can’t afford to step into most electric vehicles on sale in the U.S. today, Tesla CEO Elon Musk has admitted. “Our cars are not affordable enough,” Musk said during his second-quarter earnings call in July. “We need to fix that.” Electric cars and crossovers remain far too expensive to be daily commuters for the middle- and working-classes, who in congested urban areas, at least, may be turning to e-bikes instead, an electric segment in which U.S. sales spiked 92-percent in April and 137-percent in May, according to Bicycle Retailer and Industry News.
BMW and Honda did not immediately return a request for comment.
In May, California announced a lawsuit, joined by 22 other states, .
Top 10 Classic Honda Motorcycles .
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