AGL 38.55 Decreased By ▼ -1.03 (-2.6%)
AIRLINK 128.50 Decreased By ▼ -2.72 (-2.07%)
BOP 6.96 Increased By ▲ 0.15 (2.2%)
CNERGY 4.56 Decreased By ▼ -0.15 (-3.18%)
DCL 8.20 Decreased By ▼ -0.24 (-2.84%)
DFML 39.50 Decreased By ▼ -1.97 (-4.75%)
DGKC 79.50 Decreased By ▼ -2.59 (-3.16%)
FCCL 31.90 Decreased By ▼ -1.20 (-3.63%)
FFBL 70.55 Decreased By ▼ -2.32 (-3.18%)
FFL 12.23 Decreased By ▼ -0.03 (-0.24%)
HUBC 108.75 Decreased By ▼ -1.99 (-1.8%)
HUMNL 13.69 Decreased By ▼ -0.82 (-5.65%)
KEL 4.94 Decreased By ▼ -0.25 (-4.82%)
KOSM 7.48 Decreased By ▼ -0.13 (-1.71%)
MLCF 37.75 Decreased By ▼ -1.15 (-2.96%)
NBP 68.00 Increased By ▲ 3.99 (6.23%)
OGDC 188.05 Decreased By ▼ -4.77 (-2.47%)
PAEL 24.80 Decreased By ▼ -0.88 (-3.43%)
PIBTL 7.30 Decreased By ▼ -0.04 (-0.54%)
PPL 148.50 Decreased By ▼ -5.57 (-3.62%)
PRL 24.78 Decreased By ▼ -1.05 (-4.07%)
PTC 17.00 Decreased By ▼ -0.81 (-4.55%)
SEARL 79.55 Decreased By ▼ -2.75 (-3.34%)
TELE 7.43 Decreased By ▼ -0.33 (-4.25%)
TOMCL 32.70 Decreased By ▼ -0.76 (-2.27%)
TPLP 8.19 Decreased By ▼ -0.30 (-3.53%)
TREET 16.75 Increased By ▲ 0.13 (0.78%)
TRG 56.44 Decreased By ▼ -0.96 (-1.67%)
UNITY 27.95 Increased By ▲ 0.44 (1.6%)
WTL 1.31 Decreased By ▼ -0.06 (-4.38%)
BR100 10,374 Decreased By -130.9 (-1.25%)
BR30 30,573 Decreased By -653.5 (-2.09%)
KSE100 97,066 Decreased By -1013.5 (-1.03%)
KSE30 30,238 Decreased By -320.7 (-1.05%)

DaimlerChrysler sees huge potential for diesel-powered cars in the United States, the world's fifth-biggest automaker said on July 15. "There are great, great opportunities," Thomas Weber, the group's head of research and technology and development head for Mercedes Car Group, told reporters, suggesting US diesel use could one day reach the 50 percent level now seen in Europe.
Weber said diesel motors' performance, durability, and fuel efficiency could win converts from gasoline engines, especially once low-sulphur diesel fuel becomes widely available in the United States as of next year.
Reducing the sulphur content in diesel fuel will allow advanced emission control technology in diesel engines and will substantially improve air quality.
A study released last month by market research group J.D. Power-LMC Automotive Forecasting Services suggested US sales of diesels were set to grow from 3 percent market share in 2004 to 7.5 percent by 2012, given high gasoline prices.

Copyright Reuters, 2005

Comments

Comments are closed.