to our own future vehicles--TODAY. With the investments that we have already made on alternative fuel vehicles, why not continue to strive to perfect the technology? If we choose not to continue these programs, we will see consistently rising prices at the gas pump, and ever shrinking wallets. Yes, alternative fuel vehicles are more expensive, however, look at what we pay now for vehicles and the fuel we put into those vehicles. Last year alone, I spent approximately $5,200 on fuel for my Jeep
Words: 927 - Pages: 4
prone to roll-overs than are automobiles. With sales projected to grow to over 3 million units per year in 2001, SUVs show no sign of decreasing in popularity. However, the SUV is increasingly coming under attack for its fuel economy. The retail gas prices rose to just over $4 a gallon. Sales of large SUVs were affected more than any other vehicle, and their resale values dropped like a rock. In this paper I would like to talk about: why people want to buy SUVs? What impact does the lower fuel economy
Words: 2458 - Pages: 10
think about the many different ways the rental car industry has changed we can appreciate that the rental industry is willing and serious about catering to the customer that would prefer an alternative fuel vehicle. Not only will it save the company on gas per rental but it will also win the customers approval on the rental industry and its willingness to help the environment while still meeting the needs of the customer. Government tax incentives are another main reason why Lotus Rental Cars should consider
Words: 1951 - Pages: 8
the ever rising imports of Japanese auto manufacturers that were being produced and sold at a rate that was light years ahead of the industry. Ford had to come up with a solution and they had to do it fast. Their answer, the Ford Pinto, a car that was great on gas, easy to produce, and could be sold at an astonishingly low price. Ford’s answer to the car market demands relied heavily on the success of the Ford Pinto. They had very little time to produce a car that was both good on gas and even
Words: 1238 - Pages: 5
biofuels have to potential to be significantly less expensive than petroleum or any fossil fuel. This is possible due to the increasing worldwide demand for oil. Meanwhile, the supply for oil is diminishing, making biofuels more desirable whilst the prices are constantly fluctuating. Whereas fossil fuels are limited since they come from specific materials years ago, biofuels are renewable (since you can always produce more if it runs out) and can be manufactured from a variety of materials such as:
Words: 1477 - Pages: 6
oil prices, reasons for the increases and the effects on individual countries and the global economy. Next slide High oil prices have become the latest source of worry for the world economy, and the four main questions everyone is asking in assessing the dangers posed by more expensive oil are: What is driving up the oil price? How high could it go? What is the likely economic impact of rises so far? And what damage could future increases do? The article starts by explaining that the price of Brent
Words: 1243 - Pages: 5
greenhouse effect. * Produces huge amounts of energy from small amounts of fuel. * Produces small amounts of waste. * Nuclear power is reliable. | Hydroelectricity 1. Using this type of energy to generate electricity is not dependent upon the price of uranium, oil, or other types of fuel. This makes electricity costs lower and more stable, one of its most significant advantages. 2. The pollution created by hydroelectric energy generation is quite minimal. There is some pollution involved in
Words: 1775 - Pages: 8
1. What has caused this major drop in oil prices? The reasons why Oil prices are falling down are twofold, they are due to the simple economics of demand and supply. First of all, we can observe a weak demand in many countries due to insipid economic growth, coupled with surging production. Developing countries and the economies of Europe are becoming less oil dependent thanks to the technology, cars are becoming more energy-efficient. So the demand for fuel is logically decreasing. Added to this
Words: 652 - Pages: 3
from 1.2% in 2013 to 2% in 2014 and 2.4% in 2015 * Fuel prices fall by more than 5% in 2012 * Influation moving below the 2% target towards the end of this year and then averaging just 1.6% in 2014 and 1.5% in 2015 http://www.ifs.org.uk/budgets/gb2013/GB2013_Ch2.pdf ( A greater customers spending, more customers can chose more luxury prices) Social and Technological factors * The number of older people in the UK is rising * People are more mobile and travel more http://businesscasestudies
Words: 405 - Pages: 2
pickup trucks become sales pariahs the question comes that booms is whether the automakers would still be able to sell every car they have. With the lethal combination of a slumping economy, tight credit, depressed homebuilding, and record high gas prices, Americans can't afford to buy as many new cars as they once did. And the models they want are smaller and more fuel-efficient. Even with deep discounts and heavy incentives, the rows of unsold Dodge Rams and Chevy Trailblazers parked in front
Words: 454 - Pages: 2
