Viewing entries tagged with 'automotive industry'

Sal Scuderi Participates on Boston University Panel on Future of Transportation

Posted on 3 March 2009 | 0 Comments

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On Saturday, February 28, Boston University’s School of Management hosted a panel discussion titled "The Future of Transportation." Scuderi Group President Sal Scuderi joined diverse panel members from Putnam Investments, CDM Inc. and KEMA, along with the Dean of the BU School of Management. The panel offered students in a healthy exchange on the global energy industry.

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NPR: Electric Cars Still Years Away From Paying Off

Posted on 23 February 2009 | 0 Comments

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By Frank Langfitt, February 23, 2009 After years of producing gas guzzlers, automakers are focusing more on electric vehicles. At auto shows across the country, the companies are rolling out a variety of electric vehicles. They may pay off one day, but making electric vehicles affordable and practical will take years. Listen now.

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Scuderi Group Position Statement on Likely State Emissions Regulations Waiver

Posted on 21 January 2009 | 0 Comments

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President Barack Obama is expected to grant a waiver allowing California and some other states to enforce their own greenhouse-gas emission standards on autos. According to the LA Times, this move would obligate automakers to produce cars that are far more efficient than those called for under current federal standards. The Scuderi Group recognizes that automotive manufacturers are under tremendous pressure due to the current global economic crisis and sharply lower sales of vehicles. With more stringent fuel emissions regulations now likely, the industry will face even greater challenges in the months and years ahead. Now more than ever, the Scuderi Group believes that auto manufacturers must embrace technological solutions that are cost-effective and practical, yet offer significant improvements in terms of both greater engine efficiency and lower emissions. The Scuderi Group offers the Scuderi Engine as a practical alternative to electric hybrids, hydrogen-powered engines and other existing and nascent engine technologies. The Scuderi Engine incorporates a unique split-cycle piston design that promises both efficiency gains and reduced emissions. No costly batteries or electric systems are required. Equally important from the automotive industry’s bottom line perspective, minimal retooling will be necessary to manufacture the Scuderi Engine. A prototype of the Scuderi Engine has already been assembled. The working prototype will be unveiled at the Society for Automotive Engineers World Congress in Detroit this April. We strongly believe that our timing couldn’t be better – for the health of the planet and for the global automotive industry at large.

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Merkel: German Cars Need to 'Go Green' to Compete

Posted on 12 January 2009 | 0 Comments

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BERLIN (AFP) — Germany's renowned car industry must start producing cleaner, more innovative models if it hopes to remain competitive, Chancellor Angela Merkel said in an interview published Sunday. Merkel told the Bild am Sonntag newspaper that the sector that invented the world's first automobile more than a century ago must remain on the cutting edge by developing "green" models. She said her government was willing to help by financing research that could be used in the development of more innovative cars and trucks but offered no details. "Now Germany is in a new kind of competition to see whether its industry can produce the model of the 21st century," Merkel said. She said there would be fresh help for the ailing automobile industry in a new 50-billion-euro (67-billion-dollar) stimulus package to be finalised this week, possibly in the form of car tax relief pegged to lower greenhouse gas emissions. Read the rest of the story.

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Scuderi Group Position on CAFE (Corporate Average Fuel Economy) Standards

Posted on 8 January 2009 | 0 Comments

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The Bush administration has elected not to issue final rules for CAFE (Corporate Average Fuel Economy) standards for the 2011 – 2015 automotive model years as previously planned. A written statement issued by the U.S. Department of Transportation said that “recent financial difficulties of the automobile industry will require the next administration to conduct a thorough review of matters affecting the industry, including how to effectively implement" a new energy law requiring tougher standards. The Scuderi Group – developers of what is expected to be the most fuel efficient internal combustion engine – welcomes this development. The incoming Obama administration has consistently expressed firm commitments to both responsible environmental initiatives and to a vigorous domestic automotive industry. The Scuderi Group believes that with the implementation of innovative new technologies like the Scuderi Engine, each of these ambitious and vitally important objectives will reinforce the other. The first prototype of the Scuderi Engine is scheduled to be officially unveiled in April of 2009.

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