Moody's upgrades Saudi Arabia's credit rating to Aa3 with stable outlook    Riyadh Metro to begin partial operations next Wednesday: Report    Al Okhdood halts Al Shabab's winning streak with a 1-1 draw in Saudi Pro League    Mahrez leads Al Ahli to victory over Al Fayha in Saudi Pro League    Al Qadsiah hands Al Nassr their first defeat in the Saudi Pro League    Saudi musical marvels takes center stage in Tokyo's iconic opera hall    Downing Street indicates Netanyahu faces arrest if he enters UK    London's Gatwick airport reopens terminal after bomb scare evacuation    Civil Defense warns of thunderstorms across Saudi Arabia until Tuesday    Saudi Arabia, Japan strengthen cultural collaboration with new MoU    Slovak president meets Saudi delegation to bolster trade and investment ties    Saudi defense minister meets with Swedish state secretary    Navigating healthcare's future: Solutions for a sustainable system    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Sixth foreign tourist dies of suspected methanol poisoning in Laos    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws    Al-Jasser: Saudi Arabia to expand rail network to over 8,000 km    Sitting too much linked to heart disease –– even if you work out    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Automakers focus on lower emissions
Published in Saudi Press Agency on 11 - 09 - 2007


The world's automakers sought to
out-green each other Tuesday at the International Auto
Show, unveiling new models with improved fuel efficiency
and engines that run on batteries or hydrogen _ while
boasting of improved sales and profit amid the strong
European and world economies, according to AP.
Whether it's the threat of government regulation on both
sides of the Atlantic or growing consumer interest, auto
companies have given the show an environmentally conscious
flavor, even when it comes to larger vehicles such as BMW's
X6 SUV-car crossover.
«We're not just talking about cutting CO2 emissions,
we're doing it,» BMW Chief Executive Norbert Reithofer
said, after his company unveiled the X6, a «sport
activity» vehicle with a hybrid engine that will be on
sale in 2009. «This isn't just a quick, halfhearted
effort. We've been leading the way for years. We got an
early start and it's not at all the case that we're being
pushed into this by politicians.»
For other automakers, the idea is taking root deeper into
future planning and execution.
Bob Lutz, vice chairman of General Motors Corp., said the
American automaker aims to develop an entire line of
electric cars that could share parts used by
gasoline-powered counterparts.
Lutz said GM would likely have its E-Flex platform serve
as a base for future development. The system, used in its
just-debuted Flextreme concept car, has a small diesel
engine generator to charge a lithium-ion battery pack.
Current GM-made hybrids _ the Saturn Vue, Saturn Aura and
Chevrolet Malibu _ are expected to reach 10,000 sales by
the end of the year and will continue to play a role in new
development.
Lutz singled out the Opel Corsa hybrid on display, a small
but sporty car that has a 1.3-litre gas engine with a
part-time electric motor that can get up to 62 miles per
gallon and emits just 99 grams of carbon dioxide per
kilometer.
«The system that you see in the Corsa is basically an
evolution of the system that we're offering in the Aura and
Malibu and Saturn Vue hybrid, a low-cost system with a
limited amount of electric drive, which I said, is easily
affordable,» he said.
Looking ahead, Lutz said a belt-assisted starting system,
coupled with lithium-ion batteries will «wind up being the
killer application for hybrid technology because it's much,
much lower cost than the two-mode system, the Toyota Prius
system, because it's got a lot fewer parts.»
The Toyota two-mode has both a gas engine and a
battery-powered motor.
Jack Nerad, executive market analyst for Irvine,
California-based Kelley Blue Book, said the Frankfurt show
was seeing «a lot of green, environmentally friendly
things being introduced.»
«There is a strong green movement in Europe, but at the
same time they really haven't embraced hybrids the way we
have,» he said. «I think we are seeing from them an
increased awareness of various technologies that can
address CO2.»
Ford Motor Co. chose not to focus on hybrids at the show
but on improving emissions. The company said Tuesday it
will have three models with lower CO2 emissions available
in Europe by the end of 2008.
The automaker is outfitting diesel versions of the Ford
Focus, Ford Mondeo and a new subcompact with additional
technology to lower emissions. All three vehicles will
carry the ECOnetic badge, signifying that they have
technology to reduce CO2 emissions. The Focus will be on
the market later this year, while the other two will go on
sale next year.
«We believe that whether customers want a larger or
smaller vehicle, they should have the opportunity to choose
an affordable low-CO2 model,» Ford of Europe President and
CEO John Fleming said.
Ford didn't reveal pricing Tuesday but customers will
probably have to pay a small premium.
Renault SA Vice President Michel Gornet, however, said
consumers have a limited appetite for paying extra for
environmentally friendly technology.
«The consciousness is there,» he said, adding, «I'm not
sure if today people are ready to put a lot of money» into
new propulsion systems.
Instead, Renault is focusing on designing more
environmentally efficient engines across all its models.
Nissan Vice President Carlos Tavares said the Japanese
carmaker, allied with Renault since 1999, is not
concentrating on any specific environmental system.
«We won't bet the future of the company on a single
technology,» he said in an interview.
PSA Peugeot-Citroen presented its 308 BioFlex compact
which uses biofuels, or fuel obtained from crops. CEO
Christian Streiff said biofuels «won't solve all the
problems» of the environment and are only part of the
group's overall green strategy.
«It's a set of solutions that is being adopted,» he
said.
Amid the environmental push, automakers also touted
stronger outlooks and improved sales.
DaimlerChrysler Chief Executive Dieter Zetsche told
reporters that the chance of a fatter shareholder dividend
was better than before, given its sale last month of a
majority stake in Chrysler to private equity firm Cerberus
Capital Management LP.
GM's European division said that August sales rose more
than 19 percent to 138,200, driven by demand for its Opel
and Vauxhall brands.
Audi AG, the luxury arm of Volkswagen, said it hopes to
sell a record 950,000 cars this year and also hopes to beat
last year's net profit.
Porsche AG said its sales rose 3.4 percent during its
recently ended fiscal year, pushed up by rising demand for
its luxury cars. The Stuttgart-based company said sales
totaled ¤7.4 billion (US$10.21 billion) in the year that
ended July 31 and sold 97,515 cars during the year.


Clic here to read the story from its source.