Car dealers fear Obama fuel standards will make new vehicles unaffordable?
~ The Rebel ~
2012/07/30 17:09:24
The White House is expected to OK federal standards in the next few weeks that will nearly double vehicle gas mileage for vehicles by 2025, as automotive dealers warn the changes could slam the recovering retail car industry because they will come with sticker prices that will keep buyers off their lots.
The recommendations call for “fleet wide” gas mileage of 54.4 miles a gallon by 2015 — essentially the average gas mileage for cars, trucks, vans and all other vehicles in a model year.
The recommendations call for “fleet wide” gas mileage of 54.4 miles a gallon by 2015 — essentially the average gas mileage for cars, trucks, vans and all other vehicles in a model year.
Read More: http://conservativebyte.com/2012/07/car-dealers-fe...
Top Opinion
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Riley Hammond 2012/08/30 15:52:15
US industry uses trucks to deliver most of the consumer goods across the country.
It is impossible to meet this standard for most trucks, so two major changes have to happen. Trucks have to get smaller, requiring more trucks to haul the same goods, and passenger vehicles will have to get smaller and lighter, even when meeting the standard, to make up the difference between those vehicles and the larger trucks that cannot meet it.
No real savings here, just another government mandate to make Obama's idiot green contingent happy.
The average vehicle sold in America costs between $1,500 and $3,500 to manufacture and are sold at about 1000% profit. That's an average of $25,000!
http://www1.eere.energy.gov/v...