June 30, 2006
American auto companies to double renewable fuel vehicle production
Washington, D.C. – DaimlerChrysler, Ford and General Motors have announced plans to double annual production of vehicles capable of running on renewable fuels to two million cars and trucks by 2010. The production increase will represent the single largest commitment to renewable fuels in the country’s history.
The pledge toward more vehicles that can use E85 ethanol or biodiesel came in a letter to all Members of Congress from Chrysler Group President and CEO Tom LaSorda, Ford Motor Company Chairman and CEO Bill Ford, and GM Chairman and CEO Rick Wagoner.
“We need business and government to work together to enhance the production, distribution and use of renewable biofuels,” the letter states. “Our hope is that with this commitment, fuel providers will have even more incentive to produce ethanol and other biofuels, and install pumps to distribute them.”
Currently, there are more than five million flex fuel vehicles on the road. However, only about 700 pumps distribute E85, out of the country’s 170,000 gas stations.