Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report

World economy forecasted to slow to Great Recession pace

Feb 27, 2020

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Make Me Smart with Kai and Molly
Download
HTML Embed
HTML EMBED
Click to Copy
Sign up for "Econ Extra Credit" Here

U.S. market for diesel cars could grow

Eve Troeh Jan 6, 2012
Share Now on:

U.S. market for diesel cars could grow

Eve Troeh Jan 6, 2012

Stacey Vanek Smith: Chrysler announced plans to add 1,100 new jobs at its assembly plant in Detroit. The new workers will build a diesel version of the Jeep Cherokee. It’s the latest of many U.S. automaker moves to diesel.

From the Sustainability Desk, Eve Troeh reports.


Eve Troeh: Diesel engines all but disappeared from the U.S. car market in the 1980s. Diesels ran loud, and smelly, black smoke puffed from of their tailpipes. But they did get better gas mileage. And as Europe levied fuel taxes, diesel cars stuck around across the pond.

And got more popular, says Daniel O’Connell with investment firm Redmayne-Bentley.

Daniel O’Connell: So it’s kind of seeped into the public consciousness that diesel’s a far more economic car.

European automakers have cleaned up and quieted diesel engines, and boosted mileage even more.

Ray Wert edits the car blog Jalopnik.com. He says all the U.S. car companies are eyeing diesel as low-hanging fruit to meet new fuel efficiency laws. Developing new hybrid or electric technology would cost more.

Ray Wert: They’re wagering that gas prices are going to increase, and therefore the opportunity to be able to get 50, 60 miles in a small car is going to more than make up for the perception issue that diesel engines face.

And make up for the extra upfront cost. Diesel engines are more expensive to make than gas-powered, and diesel currently costs more at the pump, too.

I’m Eve Troeh for Marketplace.

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.