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Corporate Average Fuel Economy (CAFE) Standards

Corporate Average Fuel Economy (CAFE) Standards. Anticipated Impacts on Future Revenues. Corporate Average Fuel Economy (CAFE) Standards History. Enacted by US Congress in 1975 CAFE Standards Pertain to Fuel Efficiency

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Corporate Average Fuel Economy (CAFE) Standards

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  1. Corporate Average FuelEconomy (CAFE) Standards Anticipated Impacts on Future Revenues

  2. Corporate Average Fuel Economy (CAFE) Standards History • Enacted by US Congress in 1975 • CAFE Standards Pertain to Fuel Efficiency • National Highway Traffic Safety Administration (NHTSA) Sets the CAFE Standards • The US Environmental Protection Agency (EPA) Provides Fuel Economy Data for Each Vehicle Manufacturer • First Standards Were Implemented in 1978 • Standards Have Not Changed Since 1990

  3. CAFE Standards • US Congress Specifies that CAFE Standards Must Be Set At the “Maximum Feasible Level” with Consideration for: • Technological Feasibility • Economic Practicality • Effect of Other Standards on Fuel Economy • Need of the Nation to Conserve Fuel

  4. Factors Impacting Consumption • Cost of Fuel • Efficiency of Vehicles in Fleet • Congestion • CAFE Standards • Availability of Transit Systems • Type of Vehicle Being Purchased • Cost • Safety • Accommodation of Need • Projected Annual Travel • Comfort • Cargo/Freight Needs • Environmental Concerns

  5. Anticipated Implementation Schedule • Original Release Date was September 30, 2011 • Revised Release Date No Sooner Than November 2011 • Delays Linked to Preparing for Anticipated Comments • Final Guidance Expected by July 2012

  6. Shrinking Highway Dollar

  7. Shrinking Highway Dollar

  8. Shrinking Highway Dollar

  9. If you have any questions please contact us through our website or by e-mail at: www.arkansashighways.com or info@arkansashighways.com

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