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Aluminum to help meet fuel economy targets
Edited by : AL CIRCLE
1 min read
Truck and auto makers are increasing their use of aluminum in vehicles as they lighten weights to improve fuel economy.
Aluminum manufacturers will ship 16% more aluminum to automakers this year versus 2011 as car output climbs 11%, according to Lloyd O’Carroll, an analyst at Davenport & Co. in Richmond, Va., Bloomberg News reported.
The average amount of the metal in each vehicle will rise 3%, he said in a June 26 note.
Heavy truck manufacturers will increase their use of aluminum by about 19% over the next three years as they use the lighter-weight metal to help improve fuel economy, O’Carroll said.
“Fuel economy is so critical that it’s driving a lot of behavior,” O’Carroll told Light & Medium Truck.
Aluminum manufacturers will ship 16% more aluminum to automakers this year versus 2011 as car output climbs 11%, according to Lloyd O’Carroll, an analyst at Davenport & Co. in Richmond, Va., Bloomberg News reported.
The average amount of the metal in each vehicle will rise 3%, he said in a June 26 note.
Heavy truck manufacturers will increase their use of aluminum by about 19% over the next three years as they use the lighter-weight metal to help improve fuel economy, O’Carroll said.
“Fuel economy is so critical that it’s driving a lot of behavior,” O’Carroll told Light & Medium Truck.
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