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Meeting new CAFE regs will cost Detroit double what it costs the Japanese

The average cost for Detroit's Big Three automakers to meet the proposed fuel efficiency targets of 31.6 miles per gallon by 2015 has been pegged at $30.6 billion. In contrast, the average cost for the Japanese automakers sits at less than half that amount at "only" $14.85 billion. These numbers come courtesy of a recent study by Global Insight. In a real shocker, General Motors alone is expected to pay out $15 billion alone. Why the disparity? Simple: the Japanese brands already offer more fuel efficient models. With that reasoning, it seems ... Read more →

Dingell might get the final say on state-based fuel economy laws Sebastian Blanco

We all know that the Democratic Representative from the Automakers Michigan, John Dingell, is a foe of state-based regulations over the auto industry. Back in February, he tried to revive an excised ...

NADA Chairwoman says flexibile CAFE standards are the right move Sebastian Blanco

At the National Automobile Dealers Association (NADA) meeting last weekend, GM CEO Rick Wagoner asked car dealers to lobby their state and local governments to not regulate tailpipe emissions. The ...

Perverse side effects of the new CAFE standards? Xavier Navarro

Automotive News (subs req'd) has published a very interesting article on how the new CAFE rules might bring some surprises for American car buyers. First and foremost, there's the "work truck" ...

Video: President Bush signs the Energy Bill into law Lascelles Linton

President Bush signed the Energy Bill into law Wednesday and you can watch highlights from the speech in the video above. In the speech, President Bush noted two important parts of the energy bill; ...


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