Obama and The Future of Fleet Vehicles

May 21, 2009
Earlier today, President Obama set in motion a nationwide program to cut vehicle carbon emissions and raise mileage by 30 percent by 2016.

The initiative, backed by auto executives, union leaders and environmental activists is aimed at both increasing gas mileage and decreasing greenhouse gas pollution for all new trucks and cars.

According to an article on MSNBC, the president estimates that the program will save 1.8 billion barrels of oil over the lifetime of the vehicles sold in the next five years.

Doing so will also allow car companies to readjust their way of doing business and their product line, providing some optimism throughout the industry that a plan is in place to help them survive the recent economic downturn.

The new program will cost consumers an estimated $1,300 per vehicle starting in 2016, but Obama claimed that drivers could save nearly $2,800 over the lifetime of a car.

Ultimately, the goal is to cut greenhouse gas emissions by more than 900 million tons.

For fleet owners and managers, Obama’s figures are based on a 35.5 mpg average, however cars and light trucks would be required to rise from 27.5 mpg standard to 39 mpg and larger trucks would rise from 24 mpg to 30 mpg.

With dealer lots closing and new standards being set by the President, a lot of news could be effecting how you are managing your fleet.

Let us know how this is impacting your business and for more information, read the full article about Obama’s new emissions program here:

Photo copyright of Gustty under the Creative Commons License