Not just an issue for the Big 3- Imports and CAFE
If you think that the Detroit 3 are the only ones worried about the new CAFE standards, think again. As it turns out, Honda and Toyota execs are supporting a fuel economy bill, but not all parts of the ones proposed. In fact, it almost seems as though they don't want to see their American competition die a legislative death, as Ed Cohen, VP of Government and Industry Relations for Honda North America, said, "I wouldn't count out anybody yet." Since the Detroit 3 employ so many Americans, perhaps that means there would be less consumers out there able to afford Hondas or Toyotas if they lose their jobs.
In any case, don't write off our downtrodden domestics yet, don't expect the imports to act too self-important in the CAFE discussions, and there's still the chance that the big
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[Source: Automotive News]
Reader Comments (Page 1 of 1)
Ben K. 6:09PM (6/28/2007)
I for one, am getting sick of politicians ramming legislation down our throat. Improvements can be made, the market forces will determine what consumers demand. Alternative fuels will serve as a good short term releif, providing there is enough distribution. The domestic industry is already on it's knees, in case our politicians haven't noticed. Foreign makers don't like proposals either, but they let Detroit take the heat. I'm glad the Michigan delegation has enough knowledge of the situation, it's obvious the other democrats could care less about the burden it puts on American industry. It's all about Iraq and playing the blame game.
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