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 avmoor rated 3 months ago - Wouldn't it be smarter - and more profitable - just to increase production to meet demand? You know, the way it's supposed to work?
From the page:
"NEW YORK - Three major auto manufacturers are promising to reserve 300 new hybrid vehicles each month exclusively for the city as ...
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- avmoor rated 3 months ago
- Wouldn't it be smarter - and more profitable - just to increase production to meet demand? You know, the way it's supposed to work?
From the page:
"NEW YORK - Three major auto manufacturers are promising to reserve 300 new hybrid vehicles each month exclusively for the city as it replaces its entire fleet of yellow cabs.
Nissan North America, General Motors and Ford Motor Co. said Wednesday that they are setting aside environmentally friendly cars to help the city reach its goal of making all yellow cabs green by 2012. Today, there are about 13,000 cabs on the street and more than 1,300 are hybrids.
New city regulations require that any new cab coming into service after Oct. 1, 2008, achieve a fuel-efficiency standard of 25 miles per gallon. The following year, that increases to 30 miles per gallon.
The standard yellow cab in use today, the Ford Crown Victoria, gets about 14 miles per gallon. Some hybrid models, which run on a combination of gasoline and electricity, achieve as much as 36.
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Some taxi fleet owners recently complained to Mayor Michael Bloomberg's administration that there would not be enough hybrids available on the market for all drivers to meet the city's fuel efficiency regulations by the deadline.
Mr. Bloomberg said the help from the auto companies guarantees that won't be a problem.
"We want to ensure there is more than enough supply to meet the demand for hybrid taxis," he said in a statement.
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The Taxi and Limousine Commission estimates that a hybrid cab saves a driver $6,500 per year."
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