Case IH Power Tab

Farm Futures
   Search Site:   Saturday, May 26, 2012 | Bookmark This Site   
Skip Navigation Links
Home
Markets
News
Weather
Farm Futures NOW!
Magazine Online
RSS News
Land For Sale
Mobile
Subscribe
Reprints
Register
Login
About Us
Advertise
 
Share This
 

Major Auto Makers Expand Commitment to Ethanol

Ford will step up development of vehicles running on alternative fuels and GM plans to distinguish E85 compatible vehicles from regular gasoline powered vehicles.

 

 

Compiled by staff 
Published: Sep 21, 2005

Momentum for ethanol, and E85 specifically, continues to build as witnessed by announcements from Ford and GM that they will take steps to expand E85 marketing and education.

Ford announced plans today to step up development of vehicles running on alternative sources of energy, such as ethanol, and hydrogen-powered fuel-cell cars in a bid to recapture the high ground from leading Japanese automakers Toyota Motor Corp. and Honda Motor Co.

General Motors Corporation, one of the top three automotive manufacturers in North America, also announced plans that will easily distinguish their E85 compatible vehicles from their regular gasoline powered vehicles. In about 400,000 of their new flexible-fuel vehicles (FFV), GM will replace their original gas caps with ones that are colored yellow.

"We applaud both of these manufacturers, these American companies, for increasing their commitment to ethanol and flexible fuel technology. Consumers deserve a choice in fuels and fuel prices, and this announcement shows Ford and GM think so too. Based on increased ethanol sales and the number of E85 fueling sites, consumers are clearly becoming a factor in the fuel market.•bCrLf said Roger Sy, president of Illinois Corn Growers Association (ICGA) of Newman.

At this time, there is no universal labeling that is used for the almost 5 million FFVs on American roads. It is difficult to determine a vehicle's compatibility with E85. GM's new fuel cap will alert a driver if their vehicle is compatible.

GM is also considering a large marketing strategy that will help promote FFVs and E85. These plans include placing educational newspaper ads and distributing mailings to flexible-fuel vehicle owners informing them of their vehicle's fuel capability and their closest E85 fueling site. There are now about 480 public E85 fueling sites in the U.S, with more than 70 located in Illinois.

Earlier this year Ford CEO Bill Ford,  said the auto industry faced huge challenges in developing new powertrains. "But the potential rewards of this new technology are great. The 100-year reign of the gas-powered internal combustion engine could come to an end in our lifetime," 

With its new strategy, Ford is also trying to push back Japan's biggest automakers, which have stressed safety and environmental technology to bolster their brands and limit their reliance on profit-eroding incentives to sell their vehicles.

Ford Motor Co.  also plans to offer hybrid versions of half the models in its Ford, Mercury and Lincoln brand lineups by the end of the decade as part of a bold strategy to distinguish itself as a leader in safety and environmental innovation. 

There are currently about 1.5 million GM model flexible-fuel vehicles. GM's model year 2006 line include the 3.5 liter Impala and Monte Carlo; and the 5.3 liter Avalanche, Tahoe, Silverado, Sierra, Suburban, Tahoe, Yukon and Yukon XL.

 



Permalink: Click here

Tagged: ethanol

Comments
Read comments from others and share your own thoughts.
Please provide the answer to the following question:

 = 
 
Search this site:   

Read More Stories
USDA Seeks Comment on Report Timing
Read this storyWith new market hours,USDA is looking into the right time to release information to the market.
Read this story

Weekend Forecast Changes Pivotal for Grain Futures
Read this storyEurope remains a concern, but the big driver on Tuesday will likely be the state of next week’s anticipated Midwest rains.
Read this story

Farm Markets Rise Ahead of Holiday
Read this storyOvernight boost based on positive comments from Europe aimed at pressuring Germany.
Read this story

 
USDA Seeks Comment on Report Timing
Afternoon Recap by Arlan Suderman
Weekend Forecast Changes Pivotal for Grain Futures
The Buzz: Grain Market Chaos Continues
Morning Call by Bryce Knorr
CRP Signup Results Announced
Satellite Imagery Shows the Good and the Bad
Farm Markets Rise Ahead of Holiday
Weekly Fertilizer Review
Livestock Call By John Otte
Top 50 Tags
4-H afternoon recap American Farm Bureau Federation American Soybean Association animal health arlan suderman biodiesel biofuels bryce knorr BSE Bushel checkoff cotton Drought Environmental Protection Agency EPA ethanol Extension extension service farm farm bill Farm Bureau farm futures farm futures magazine farm futures market farm progress Farm Service Agency farmfutures farmfutures.com farming farmprogress.com fertilizer FFA free trade agreement Harvest insurance labor legal National Cattlemen's Beef Association National Corn Growers Association NCGA soybean soybean association soybeans SURE usda wheat winter wheat www.farmfutures www.farmfutures.com