Today, President Obama announced the next phase in One National Program for fuel economy standards that will help significantly improve fuel efficiency and reduce greenhouse gas emissions while protecting jobs and the economy.
Ford President and CEO Alan Mulally, along with other industry and government leaders, joined President Obama in Washington today for this announcement on a framework for standards for 2017 through 2025. Although more work remains, this important step allows us to move toward a formal proposed regulation this fall and a final rule by July 2012 that all stakeholders can support. And continuing with One National Program, rather than a patchwork of state-by-state regulations, gives Ford and other automakers the regulatory certainty we need in the decade ahead.
While meeting these tough new regulations will require significant financial resources and continued technological advancements, Ford is fully committed to not only meeting the national standard but also delivering on our commitment to continuously improve the fuel efficiency of all of our cars and trucks.
Just yesterday, we announced that the completely reinvented Ford Explorer powered by EcoBoost delivers a class-leading EPA rating of 28 mpg on the highway, besting Honda Pilot by more than 20 percent and Toyota Highlander by 12 percent. We're delivering great fuel economy across our line up with 14 vehicles now offering best-in-class fuel efficiency. And this agreement ensures that we keep the "work" in work trucks, and that is especially important for the economy and our customers. It will ensure hard-working Americans have access to the vehicles they need to get the job done. We contribute to this by offering an F-150 with EcoBoost that provides best-in-class towing capability of 11,300 lbs combined with up to 20 percent improvement on fuel economy. Already, more than 40 percent of F-150s sold are equipped with EcoBoost engines.
And, of course, Ford's global electrification strategy will deliver a suite of five new electrified vehicles in North America and Europe by 2013 and builds on the company's overall vision of offering the widest possible range of fuel-efficient, low-emission technological solutions.
Significantly improving fuel economy and reducing greenhouse gas emissions are core to Ford’s mission to deliver great products, a strong business and a better world.
Thanks for you continued commitment to Ford.
Ford Group Vice President of Sustainability, Environment and Safety Engineering
THE WHITE HOUSE - Office of the Press Secretary - Press Release
Background on President Obama’s Fuel Efficiency Event Today
The President will deliver remarks at the Walter E. Washington Convention Center in Washington, D.C. announcing the next round of a coordinated national program to dramatically improve fuel efficiency and cut carbon pollution for cars and light-duty trucks for Model Years 2017 to 2025.
The President will be joined on-stage at the event by Transportation Secretary Ray LaHood, Environmental Protection Agency Administrator Lisa Jackson, several auto company executives and UAW President Bob King. These individuals have signed onto and been instrumental in achieving this historic agreement. The participating auto companies are also providing advanced technology vehicles to display at the event.
The President will speak to an audience of approximately 250 people including representatives from the auto companies, UAW employees, environmental leaders, union representatives and Members of Congress. Thirteen companies will have representatives at the event, including Ford, GM, Chrysler, BMW, Honda, Hyundai, Jaguar/Land Rover, Kia, Mazda, Mitsubishi, Nissan, Toyota and Volvo – which together account for over 90% of all vehicles sold in the United States.
Dan Akerson, Chairman & CEO, GM
Alan Mulally, President and CEO, Ford
Sergio Marchionne, CEO, Chrysler
John Krafcik, President & CEO, Hyundai Motor America
Jim Lentz, President and COO, Toyota Motors Sales USA, Inc.
Josef Kerscher, President, BMW Manufacturing Co.
Andrew Goss, President, Jaguar Land Rover North America
Doug Speck, President & CEO, Volvo Cars North America
John Mendel, Executive Vice President, American Honda
Scott Becker, Senior Vice President, Administration and Finance, Nissan North America Inc.
James O’Sullivan, President & CEO, Mazda North American Operations
Bob King, President, UAW
Secretary Ray LaHood, Department of Transportation
Administrator Lisa Jackson, Environmental Protection Agency
Advanced Vehicles on Display
2012 Range Rover, Model "Evoque"
2012 Volvo S60 T5
2011 Nissan Leaf (plug-in electric vehicle)
2010 Toyota Plug-In Hybrid
2011 Hyundai Sonata Hybrid
2012 Honda Civic Hybrid
2011 Ford F-150 4x4 with "EcoBOOST"
2011 Dodge Ram 4x4 SLT
2011 Chevy Cruz LTZ
2011 KIA Optima Hybrid
Congressional Members and Key Audience Members in Attendance
Representative Nancy Pelosi, D-CA, Democratic Leader
Representative John Dingell, D-MI
Representative Henry Waxman, D-CA
Representative Ed Markey, D-MA
Representative Dale Kildee, D-MI
Representative Sander Levin, D-MI
Representative Gary Peters, D-MI
Representative Tim Walberg, R-MI
Representative Hansen Clarke, D-MI
Tomas Loveless, Vice President Sales, Kia
Yoichi Yokozawa, CEO, Mitsubishi Motors North America