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"Wagoner said a 4 per cent increase in fuel standards over the next decade could cost his company more than $US40 billion ($A51.25 billion). Other executives did not challenge the estimate of billions more in costs for them, but did not give a figure."
http://news.ninemsn.com.au/article.aspx?id=254721
Looks like the motor industry has alot to lose if they have to increase their car's fuel efficiency (figures which hasn't changed in 17 years).
Do you think that Chrysler/GM/Ford/Toyota etc has brought this onto themselves for failing to advance the engine refinement of vehicles for the US market?
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Originally posted by EsotericLike anything in the efficiency/climate change/new world reality debate, its not what it will cost them now, its what they will lose out on in the future as they continue to fall behind and let the Japanese, the Europeans the Koreans and the Chinese take the initiative and the lead in making vehicles that people increasingly want to buy. Whether you agree with the science or not on climate change the British with their statements by Blair in the last day or so have recognized a change in the political landscape that sees the size of each individuals carbon footprint as an important and ongoing issue that has to be addressed for there to be a future for our children.
"Wagoner said a 4 per cent increase in fuel standards over the next decade could cost his company more than $US40 billion ($A51.25 billion). Other executives did not challenge the estimate of billions more in costs for them, but did not give a figure."
http://news.ninemsn.com.au/article.aspx?id=254721
Looks like the motor industry has alot to lose if onto themselves for failing to advance the engine refinement of vehicles for the US market?
If US car manufacturers want to parrot the skepticism expressed by Bush Inc thinking that they can hide behind a veil of incomplete knowledge and abrogate their responsibility on the issue of anthropogenic damage to the environment, then they will only continue to fall out with the expectations of their electorate, the consumer, who with the aid of subtle marketing ploys involving Hollywood's elite amongst others will eventually expect cars that are 20-30% more fuel efficient and that will incorporate some form of hybridization/fuel cell technology as standard. As long as motor city hides its head in the sand on this one, they will only be pushing their butts up into the air, offering themselves up for a right royal rogering.
Originally posted by kmax87Could explain why they aren't doing too well at the moment.
Like anything in the efficiency/climate change/new world reality debate, its not what it will cost them now, its what they will lose out on in the future as they continue to fall behind and let the Japanese, the Europeans the Koreans and the Chinese take the initiative and the lead in making vehicles that people increasingly want to buy. Whether you agree wit ...[text shortened]... only be pushing their butts up into the air, offering themselves up for a right royal rogering.
Originally posted by kmax87One, don't expect innovation from big bureucratic companies like GM. Witness what happened with the EV-1.
Like anything in the efficiency/climate change/new world reality debate, its not what it will cost them now, its what they will lose out on in the future as they continue to fall behind and let the Japanese, the Europeans the Koreans and the Chinese take the initiative and the lead in making vehicles that people increasingly want to buy. Whether you agree wit ...[text shortened]... only be pushing their butts up into the air, offering themselves up for a right royal rogering.
Two, all companies of any size hate competition and will do whatever they can up to the hairy edge of the law to squelch it. That's why we should all encourage competition and vote with our dollars for the underdogs every now and again.
So, if you want to do something about emissions, sell your gas guzzler and buy a hybrid or high-efficiency from a small, independent car manufacturer. It will cost you a small fortune, but hey! You are doing it because you want to make a difference, right?
Capitalism is the most basic form of democracy. You can change the world anytime you want to. Go for it.
Originally posted by Esotericthey cant see beyond next months end of month sales figures, thats their event horizon. it needs brave and enlightened politicians to change the rules, so its not going to happen.
"Wagoner said a 4 per cent increase in fuel standards over the next decade could cost his company more than $US40 billion ($A51.25 billion). Other executives did not challenge the estimate of billions more in costs for them, but did not give a figure."
http://news.ninemsn.com.au/article.aspx?id=254721
Looks like the motor industry has alot to lose if ...[text shortened]... onto themselves for failing to advance the engine refinement of vehicles for the US market?