With consumers in search of higher fuel economy from their vehicles, diesel sales are projected to rise drastically over the next few years. That, at least, is the opinion of Peter Marks, CEO of Bosch operations for North and South America, a supplier of diesel engine parts and one that has significant stake in seeing this prediction come true.
Speaking at an Automotive Press Association lunch in Detroit on Thursday, Marks said that diesel vehicle sales could account for up to 10 percent of new vehicle sales in the U.S. by 2015, an incredible jump from the current 3 percent.
Touting the benefits of diesels, he indicated that such engines could get more than 54 mpg by 2015, and that while diesel cars would likely cost $1,200 to $2,800 more than a conventional gasoline engine, the significant savings at the pump could make the technology pay for itself in just 14 months.
By 2015 Marks said he expects the current number of diesel cars on offer by automakers in America will double, rising from roughly 20 right now to 40. While European brands have been pushing diesels for decades, several other automakers are about to join in, with Mazda announcing recently it would offer a diesel-powered car, while Chevrolet has also said a diesel-powered Cruze will make its way to America. In addition Jeep is believed to be mulling the return of diesels.