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Mar 9, 2012

TRUCK COSTS * USA

* Truck dealers: EPA drastically underestimated emissions costs

(Photo: A Kenworth hybrid truck)
Washington, D.C.,USA -Land Line, by Charlie Morasch -8 March 2012: -- The Environmental Protection Agency underestimated how environmental rules from 2004 through 2010 affected new truck prices, according to a new study... Not only did the regulations turn off new truck buyers, but the resistance proved to be counterproductive to the EPA’s agenda of cutting NOx and diesel particulate emissions when truck owners held onto older trucks or used alternatives like glider kits... The National Automobile Dealers Association and American Truck Dealers announced the study’s findings during a teleconference Thursday... EPA underestimated regulation compliance costs by two to five times, adding thousands to new truck prices and leading to the unintended effect of depressed new truck sales, and increased truck emissions, the study says... U.S. retail sales of heavy duty trucks neared 500,000 in 2005, but fell to around 200,000 in 2009, the study says...

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