Monday, January 14, 2008

Thanks liberals.....

I will now hold onto my car for much longer. Even if it only gets 19 mpg. And the aluminum industry is ecstatic. I love it. Lighter, less safe cars.....high electricity use to make aluminum, older cars on the road, AND, there is no cost savings in buying the new car. It takes alot of gas savings to make up a $6k difference. It was the CAFE rules that caused the invention of the "SUV." The government has NO business in mandating this. Let the market settle it out. If Americans want smaller, lighter cars, they WILL BUY THEM! If not, they won't.

If high mileage is so important, why does the gov't restrict the importation of diesels that get 70 mpg from Europe?

Screw CAFE! This makes me want to by a Hummer.

DETROIT -- General Motors Corp. Vice Chairman Bob Lutz said Sunday the new fuel efficiency requirements imposed by Congress last month would add $6,000 to the price of an average GM vehicle by the end of the next decade.

That's a more precise estimate than the one Lutz gave at the New York Auto Show in April.

"We've done even more research and it's going to be in the range of $4,000 to $10,000 with an average of about $6,000," Lutz said. "This is going to be a net average of cost of $6,000 per vehicle which will have to be passed onto the consumer. The good news is it won't come all at once, because 35 mpg doesn't kick in all at once."

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