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Cerberus chairman: Senate's CAFE bill unfair to auto industry

It's my equity firm and I'll cry if I want to. Cerberus Chairman John Snow has hopefully for the time being satiated his craving for whine after his address to the Detroit Economic Club. Apparently he thinks he knows all since he helped design the first CAFE standards 31 years ago. Impressive. He stated that the "one-sided" standards, if passed, will put domestic car companies out of business, cost the U.S. lots of jobs, and make him cry. I added that last part. Not that I don't agree with Mr. Chairman (because I mostly do), but it sounds to ... Read more →

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 ...

Automakers pushing for CAFE alternatives, might call for 36 mpg car standards

In about ten days, US Senators will start to debate raising fuel economy standards. Last month, a Senate panel approved the idea of raising the CAFE standards to 35 mpg by 2020. But not everyone is ...

Automotive CEOs VS United States Congress

The leaders of the three US based automakers along with the CEO of Toyota's North American operations and the president of the United Auto Workers union faced off in an occasionally contentious ...

Would a gas tax be more effective than raising CAFE standards?

James Hamilton of EconBrowser takes issue with the Bush administration's proposed increases to the CAFE standards. He basically says a stronger motivation would be a gas tax. Such a move would ...

Cerberus chairman: Senate's CAFE bill unfair to auto industry 2 years ago on Autoblog Green

It's my equity firm and I'll cry if I want to. Cerberus Chairman John Snow has hopefully for the time being satiated his craving for whine after his address to the Detroit Economic Club. Apparently he thinks he knows all since he helped design the first CAFE standards 31 years ago. Impressive. He ...

Not just an issue for the Big 3- Imports and CAFE 2 years ago on Autoblog Green

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 ...

Automakers pushing for CAFE alternatives, might call for 36 mpg car standards 2 years ago on Autoblog Green

In about ten days, US Senators will start to debate raising fuel economy standards. Last month, a Senate panel approved the idea of raising the CAFE standards to 35 mpg by 2020. But not everyone is enthralled with this idea. In fact, Automotive News has got more details on the plan that some ...

Automotive CEOs VS United States Congress 2 years ago on Autoblog Green

The leaders of the three US based automakers along with the CEO of Toyota's North American operations and the president of the United Auto Workers union faced off in an occasionally contentious hearing with a House Energy and Commerce subcommittee. The auto industry leaders acknowledged that fossil ...

Would a gas tax be more effective than raising CAFE standards? 2 years ago on Autoblog Green

James Hamilton of EconBrowser takes issue with the Bush administration's proposed increases to the CAFE standards. He basically says a stronger motivation would be a gas tax. Such a move would encourage more fuel conservation but allow allow consumers flexibility. "When you force consumers to buy ...



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