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Shvoong Home>Law & Politics>Law - General>Corporate Law>Alternative-Fuel Vehicles (AFV) Summary

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Alternative-Fuel Vehicles (AFV)

Book Abstract by: AcaDemon     


This paper reviews four alternate fuel options -- hybrids, turbo direct injection diesel, natural gas and liquefied petroleum
gas (LPG); the advantages of alternate fuel options include healthier environmental impacts, a release reduction of carbon monoxide and other unhealthy gases (lead and nitrogen oxides) in the atmosphere and more fuel efficient options. The author points out that, currently, of the major car rental companies such as Hertz, Avis and Budget, only Budget presently offers alternative-fuel car rentals. The paper concludes that the economic advantages for Lotus Car Rental to offer AFVs to their Fleet are invaluable because (1) the consumer market's opinion has changed due to the rapid development in AFV technology, (2) the increasing gas prices, (3) the environmental crisis, (4) the tax incentives offered by the I.R.S., (5) the great success of car manufacturers in developing, producing and distributing AFVs and (6) the competitive and marketing advantages of Lotus to be associated with the pioneers in this field. Table and charts. Table of Contents Introduction The History of Rental Cars in the U.S. Alternative Fuel Options Hybrids Turbo Direct Injection Diesel Natural Gas Liquefied Petroleum Gas (LPG) Car Rentals and Alternative Fuel Vehicles Advantages of Offering Alternative Fuel Vehicles as part of the Lotus Rental Fleet The Future and Alternative Fuel Vehicles Summary
Published: November 12, 2006
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