Friday, May 25, 2012

Alt-fuel cars unsustainable without government assistance

Alt-fuel cars unsustainable without government assistance

According to the 2012 U.S. Automotive Industry Survey and Confidence Index by Booz & Co., alternative vehicle powertrains may take up as much as 10 percent of the total market by 2020, but only if the federal government continues to support development. Without a helping hand from Uncle Sam, only 30 percent of the researchers, executives and consumers who participated in the survey believe alternative-fuel machines will be able to carve out that small slice of the market.

Autoblog, Alt-fuel cars unsustainable without government assistance

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