TOP NEWS

May 08, 2008

Coke’s Hybrids Help Mitigate Fuel Costs

ARTICLE TOOLS        | E-MailPrint

ATLANTA -- Coca-Cola Co. and two of its bottlers are bringing more hybrids into their fleet in an effort to save money on fuel and to contribute to sustainability initiatives, according to The Atlanta Journal-Constitution. About 325 of Coca-Cola’s 800 cars and SUVs are hybrid vehicles, and the company plans to have all 800 vehicles changed to hybrids by the end of next year.

The company’s two largest U.S. bottlers, Coca-Cola Enterprises and Coca-Cola Consolidated, have also increased the number of hybrids in their fleets. Coca-Cola Enterprises has 30 hybrids in its fleet and has added 140 diesel-electric hybrid delivery trucks, said The Atlanta Journal-Constitution. Coca-Cola Consolidated has 400 hybrids.

Hybrid models used by the companies include the Toyota Prius and the hybrid versions of the Saturn Vue, Toyota Camry, Toyota Highlander and Ford Escape. The companies benefit from having a visible way to show customers they’re taking measures to support the environment.

With gas prices so high, Coke hoped that the new hybrids would cut fuel costs. Coca-Cola Enterprises found that their hybrid trucks cut both emissions and fuel consumption by about a third, said The Atlanta Journal-Constitution. Coca-Cola Consolidated is benefiting from having hybrids in its fleet but said that high fuel costs are still taking their toll. Coke estimates the hybrid sedans are saving the company about $1,100 a year, and its hybrid SUVs are saving it $800 a year.

RATE THIS STORY

Average Rating: 4 out of 5 (2 votes)

COMMENT ON THIS STORY

Please log in to write comment.

New user? Sign up for new membership now!

NEWS ARCHIVE SEARCH

Sponsored Links

Flexible & Powerful Fleet Software
Chevin fleet management software - Where flexibility comes standard. Solutions for all types of vehicle and transport operations. Click Here.

6 Ways to Go Green and Save
By analyzing driving patterns and historical location reports from Networkfleet®, fleets can reduce miles and optimize schedules. Click here to download our free Green paper.

BLOG

Federal Reserve Invokes Emergency Powers to Support the Commercial Paper Market

By Mike Antich
Today, Oct. 7, the Federal Reserve Board announced that it is invoking emergency powers to create a special fund to support the U.S. commercial paper market. The announcement by the Federal Reserve allows corporations to bypass the current credit gridlock gripping the nation’s economy. This has an impact on the fleet market since one source of financing for large fleets is the commercial paper market.

Anti-Idling Programs: A Quick Way to Reduce Fuel Spend

By Mike Antich
Reducing unnecessary idling is the simplest and easiest way for a fleet to reduce fuel costs. Besides wasting fuel, excess idling also causes unnecessary emissions, noise pollution, and needless engine wear-and-tear. The amount of unnecessary idling varies by fleet, but some fleets have recorded idling as much as 35 percent of the time.

Credit Gridlock Will Impede Sales of Used Fleet Vehicles

By Mike Antich

Comprehensive Safety Analysis 2010: A New Way to Reduce Truck-Related Fatalities

By Mike Antich

STORE

$10.00

F&I Magazine - July 2008

In This Issue:
Correction in Full Swing, States Moving Closer to E-Contracting, 6 Signs of E-Contracting Readiness and much more…