AUTOS: Diesel Dazzle

The New York City cabby was beaming. "It costs me about a third less to run this thing," he said. "I've already saved two hundred bucks."

His moneysaving (and -making) chariot is a Peugeot 504, powered by a diesel engine. At a list price of $8,260, the French-made Peugeot does not exactly qualify as low-priced. But the obvious economy of driving diesels is attracting more and more U.S. motorists: while diesel fuel costs about the same as gasoline, diesel engines get up to double the mileage. From 1974 to 1975, sales of diesel cars...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!