Carmakers were able to achieve the goals set by the United States government for the first year of new fuel economy standards, save for Jaguar Land Rover. The carmakers were able to get enough credits, as issued by the US Environmental Protection Agency, to comply with obligations through the 2012 model year, according to an EPA analysis.
The new EPA standards, which measure tailpipe emissions, run parallel to corporate average fuel economy standards that require cars and light-duty trucks to an average of 54.5 mpg by 2025. Carmakers like Toyota, Honda, Ford, General Motors and a number of smaller ones built fleets light vehicle that were fuel efficient enough to comply with the first year of the new EPA standards.
On the other hand, Chrysler Group and Daimler AG were able to get enough credits by acquiring them from their rivals. BMW, Nissan and Volkswagen, meanwhile, carried over credits from prior years to meet the standards.
Christopher Grundler, director of the EPA’s Office of Transportation and Air Quality, remarked that the figures provide an early indication that carmakers are on pace to achieve goal that the Obama administration want them to accomplish. He said that since it is the first year of a 14-year program, EPA doesn’t want to overstate the “significance of what the data are revealing.”
Grundler noted the carmakers posted lower tailpipe emissions than expected. John Bozzella, chief executive of advocacy group Global Automakers that represents carmakers like Honda, Hyundai and Nissan, remarked that EPA’s report indicates that the auto industry managed to cut greenhouse gas emissions by 6 percent in a single year.
“We are making progress,” Bozzella said, noting that the group’s members remain committed to a single, harmonized national program that cuts greenhouse gas emissions and hikes fuel economy.