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Recharge Wrap-up: Honda opens second CNG station, Fuels America's RFS ad for Obama

Biofuel group Fuels America is launching an ad campaign directed at President Obama regarding the Renewable Fuel Standard (RFS). It depicts a choice between listening to experts in favor of the RFS and its role in helping stem climate change and supposed lies told by the oil industry about renewable fuels. The seven figure ad campaign includes a TV spot and digital ads. National Corn Growers Association President Chip Bowling says "slashing the amount of clean, domestic renewable fuel in our motor fuel supply would dramatically increase pollution and carbon emissions, while strengthening the RFS and building on the progress of the past 10 years would help in our efforts to combat climate change." See the ad in the video above, and read more from the National Corn Growers Association. The American Council for an Energy-Efficient Economy (ACEEE) sees big savings under the Energy Independence and Security Act of 2007 (EISA). The bill, which the ACEEE points out was signed by President Bush and implemented by Obama, is expected to save consumers more than $2 trillion, cut CO2 emissions by 17 billion metric tons and provide major cuts to oil and energy use through vehicle, equipment and lighting standards, efficiency programs and housing policies. Learn more from the ACEEE. Honda has opened a compressed natural gas fueling station at its campus in Troy, Ohio. It is Honda's second CNG station in North America, the other having opened at its Marysville, OH manufacturing facility in August. The stations are part of Honda's "green fleet" programs, and a larger goal of cutting the company's CO2 emissions by 50 percent by 2050. In addition to serving Honda and the trucks of its suppliers, the station is also open to public customers with CNG passenger vehicles. Read more from Honda. Connecticut has set aside funding for fleet EVs and workplace charging installation for state agencies and municipalities. The Connecticut Department of Energy and Environmental Protection (DEEP) will reimburse up to $15,000 per electric vehicle and $10,000 per charger (with a maximum of six per recipient). "Municipalities and state agencies can demonstrate leadership and their commitment to market development of zero emission vehicles (ZEV) through the purchase of EVs and the installation of EV charging stations for their workplace," says DEEP.

Major automakers post mixed US June sales figures

General Motors, Ford and Fiat Chrysler Automobiles NV posted declines in US new vehicle sales for June on Monday, while major Japanese automakers reported stronger figures. Once again, demand for pickup trucks and crossovers offset a decline in sedan sales. Automakers' shares rose as overall industry sales still came in above Wall Street expectations. The US auto industry is bracing for a downturn after hitting a record 17.55 million new vehicles sold in 2016. Analysts had predicted that overall, US vehicle sales would fall in June for the fourth consecutive month. As the market has shown signs of cooling, automakers have hiked discounts and loosened lending terms. Car shopping website Edmunds said on Monday the average length of a car loan reached an all-time high of 69.3 months in June. "It's financially risky, leaving borrowers exposed to being upside down on their vehicles for a large chunk of their loans," said Jessica Caldwell, Edmunds' executive director of industry analysis. GM said its sales fell about 5 percent versus June 2016, but that the industry would see stronger sales in the second half of 2017 versus the first half. "Under the current economic conditions, we anticipate US retail vehicle sales will remain strong for the foreseeable future." GM shares were up 2.4 percent in morning trading, while Ford rose 3.3 percent and FCA shares jumped 6 percent. "US total sales are moderating due to an industry-wide pullback in daily rental sales, but key US economic fundamentals clearly remain positive," said GM chief economist Mustafa Mohatarem. "Under the current economic conditions, we anticipate US retail vehicle sales will remain strong for the foreseeable future." Ford said its sales for June were hit by lower fleet sales to rental agencies, businesses, and government entities, which fell 13.9 percent, while sales to consumers were flat. But it sold a record 406,464 SUVs in the first half of the year, with Explorer sales increasing 23 percent in June. And sales of the F-150 had their strongest June since 2001. On a media call, Ford executives said an initial read of automakers' sales figures indicated a seasonally adjusted annualized rate of around 17 million new vehicles for the month, which would be better than 16.6 million units analysts had predicted. FCA said June sales decreased 7 percent versus the same month a year earlier.

Honda trademarks ZSX, could be for baby NSX

While there have been many rumors dating back to 2008 about a mid-engined sports car from Honda, last year's report was provided the most detail about what seemed to be a scaled-down version of the NSX hybrid supercar. Honda may have added some fuel to the rumor-fire by recently filing a trademark application for "ZSX," reports Australia's Performance Drive. The trademark application was sent to the European Union Intellectual Property Office late last month and is obviously close to the NSX nomenclature. The Australian outlet also reports that an unnamed source within Honda claims the ZSX, whatever it may be, could be revealed as early as next year. The anonymous employee also claims that the ZSX will be offered as a coupe and a hard-top convertible variant, with both being powered by the automaker's 2.0-liter turbocharged four-cylinder engine from the Honda Civic Type R. Just like the NSX, the ZSX is rumored to get electric motors on the front and rear axles. Previous reports match the unnamed source's claims, as the ZSX was expected to be a replacement for the Honda S2000 that ended production in 2009. It now sounds like it'll be more of a mini-NSX, with rumors pointing towards one electric motor powering the rear wheels, while two motors would be on the front axle. Patents from last year, which are pictured above, match the rumors of a mid-engined sports car. The ZSX trademark is for Europe only as of right now, while the automaker's previous patents and trademarks included the US, as well. Only time will tell if "ZSX" really stands for a sports car, or if Honda actually goes through with its plans. Remember, Nissan ditched similar plans for a small rear-wheel-drive sports car recently. Related Video: Featured Gallery Honda ZSX Patent News Source: EUIPO, Performance DriveImage Credit: autovisie Green Acura Honda Coupe Hybrid Performance trademark rumor honda nsx