Monday, April 6, 2009

The American cars Obama wants


The Obama administration has made it clear: In order to get the billions of dollars of federal money that Chrysler and General Motors need to survive, they'll need to build and sell more fuel efficient vehicles.

But while GM and Chrysler may rely too [?] heavily on large trucks and SUVs today, they can't entirely turn away from them now and survive. There is still a market for larger vehicles and those vehicles bring higher profits.

Unfortunately, as much as "green cars" have become a popular rallying point, it's not clear that they're the way to business success. Today, hybrid cars make up about 2% of all vehicle sales in the U.S., a tiny sliver compared to sales of just pick-up trucks alone.

Chrysler relies more heavily than GM on sales of trucks and vans. "On a standalone basis, Chrysler will struggle to comply with increasing fuel economy standards, and it may even have to restrict the sale of certain models to make sure it's in accordance with proposed standards."

[This 'rescue' plan has nothing to do with business success and everything to do with forcing a religious belief ('Green') upon this country...]

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