March 13, 2007

Congress To Slap The Auto Industry While It's Down

Looks like Congress is pushing for the dimise of the American Auto Industry also. Nothing like slapping on some laws to push the Auto Industry over the edge especially when they are down already.

A key lawmaker will introduce a bill today that requires automakers to raise fuel economy standards 4 percent a year.

The proposed legislation by U.S. Rep. Ed Markey, D-Mass., a longtime critic of the auto industry, is in line with President Bush's stated goal of an average 4 percent boost each year beginning in September 2009 for passenger cars and September 2011 for light trucks.

Nothing like forcing the Auto Industry to do something that they are already trying to do. It's not like the Big 3 are sitting around not trying to make improvements.

A National Highway Traffic Safety Administration analysis said the 4 percent annual increase would cost the auto industry $114 billion between 2010-17, including $85 billion for Detroit's Big Three.

Forcing improvments is not the way to go about this. The Big 3 are working on making the improvments, they have whole divisions working on getting better fuel economy out of their vehicles, but forcing "green" vehicles onto people who don't want to buy "green" vehicles is not the answer.

Posted by Quality Weenie at March 13, 2007 08:12 AM | TrackBack

Sounds like someone is asking for some more bribe money.

Posted by: Ogre at March 14, 2007 10:39 AM

I work in a foundry where we make iron blocks and heads.
This will put the final nail in our coffin...

Posted by: jimmyb at March 14, 2007 06:40 PM