$2 or higher gas - Can ethanol make a comeback? Message Board

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Non-Tech : $2 or higher gas - Can ethanol make a comeback?

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To: richardred who wrote (1567)	8/18/2006 3:10:19 PM
From: elmatador	of 2801

Sales of flex-fuel cars in Brazil hit 2 mln mark Thu Aug 17, 2006 5:13pm ET SAO PAULO, Brazil, Aug 17 (Reuters) - Sales in Brazil of flex-fuel autos that run on any combination of ethanol or gasoline reached a milestone on Thursday, hitting the two million mark, the National Automakers' Association said. Since their launch in March 2003, flex-fuel vehicles have become hugely popular in Brazil because they allow motorists to choose the cheapest option at the fuel pump. Flex-fuel autos represent 77 percent of all new-car sales in Brazil at the end of July, up from about 30 percent just over a year ago. Many industry executives predict Brazil's auto market will eventually be dominated by flex-fuel cars. Volkswagen's (VOWG.DE: Quote, Profile, Research) Brazilian unit, which was the first to launch a flex-fuel model in Brazil, is already moving in that direction. It said earlier this year that it will no longer make gasoline-only cars, offering instead an all flex-fuel line-up. In Brazil, the world's largest sugar producer, ethanol is distilled from sugar cane.

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