Car Industry developments – oil industry challenges

Horváth, Ádám and Vári, Ilona and Zatykó, Judit and Zöldy, Máté (2007) Car Industry developments – oil industry challenges. MOL SZAKMAI TUDOMÁNYOS KÖZLEMÉNYEK, 2007 (2). pp. 122-137. ISSN 1217-2820

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Abstract

Automotive industry of Europe is one of the greatest economical powers, the „engine of Europe”. It employs directly 2.2 million people and 10 million in related industries and services. Combined turnover of automotive manufacturers reaches 700 billion EUR (retail another 520 billion EUR). The industry is the largest R&D investor in EU. On the other hand the transport sector carries a huge safety and environmental risk. Thanks to this fact the automotive industry is one of the most regulated sectors in the EU. As a result of these regulations: one average car built in 1970s produced as many pollutant elements as one hundred cars manufactured today. These achievements are based on struggles of both the auto and oil industry as parallel with technology development in car industry fuel quality developments achieved by the oil industry drove to a much “cleaner” fuel quality (unleaded sulphur free petrol, reduction of aromatics, benzene; sulphur free diesel, reduction of density, poly-aromatics, etc.). In the end of the 1990s, and especially for the last few years new challenges came into the focus of the auto and oil industry of the EU and the world. Concerns about high energy prices and price volatility, security of worldwide oil supply and climate change became a main policy agenda of the EU and the world. This new policy is reflected in new regulatory initiatives requiring cars using less energy more efficiently, emitting less carbondioxide and using growing proportion of renewable fuels. The European Commission declared the idea of “Cars for Fuels” instead of “Fuels for Cars”. This article discusses in detail the regulations and challenges that rose towards oil and car industry during the recent years. It describes the possible solutions in order to fulfil the requirements of the EU. After that a wide picture is presented without going into much detail on developments of the automotive industry. Developments are divided between vehicle level, engine level and fuel level technologies, also paying attention to technologies that are less known or rather futuristic.

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