According to recent data from the University of Michigan Transportation Research Institute, diesel vehicle have far lower costs of ownership compared to similar gasoline vehicles.
The data showed a diesel vehicle can save its owner between $2,000 and $6,000 in a thee to five year period compared to gasoline powered vehicles.
"Overall, the results of our analyses show that diesel vehicles provide owners with a TCO (total cost of ownership) that is less than that of the gas versions of the same vehicles," the study said. "The estimates of savings for three and five years of ownership vary from a low of $67 in three years to a high of $15,619 in five years, but most of the savings are in the $2,000 to $6,000 range, which also include the extra cost that is usually added to the diesel version of a vehicle."
The data highlights the benefit of clean diesel as a smart investment for car buyers. Those buying a diesel car or truck can not only keep their fuel clean, but also their interiors, with Husky Liners® custom fit floor mats. These liners will ensure stains stay off your vehicle's carpet and make cleanup a breeze.
Allen Schaeffer, executive director of the Diesel Technology Forum, said that the study is another major reason clean diesel sales will likely increase throughout the country in the coming years.
According to a separate report from DieselForum.org, because diesel vehicles provide percent better fuel economy, more car shoppers will be switching in the coming years, as sales are projected to double in the next two years.
Ford drastically cuts CO2 emissions
As automakers are striving to meet government regulations by 2025 to increase the fuel efficiency of new cars, Ford is making some serious headway. According to the automaker, its global facilities have reduced CO2 emissions by 37 percent per vehicle from 2000 to 2007. In addition, they expect to cut another 30 percent from 2010 to 2025.
"In the more than 30 years I have been with the company, I have seen genuine transformation as Ford has integrated sustainability into its business plan, products, operations and relationships with stakeholders," said Robert Brown, vice president, sustainability, environment and safety engineering. "Water and energy use, waste-to-landfill, Ford's role in reducing the amount of greenhouse gases like CO2 in our atmosphere – these are just a few of the top sustainability-related priorities considered in every decision."