With the American auto industry already having one foot securely in the grave, this move by the Obama administration may very well ensure that the second one will follow right behind.
I know the headlines are touting the new fuel efficiency standards that this plan will usher in, however, the real story is the CAFÉ standards being strengthened, ensuring more and more unpopular cars will be made in UAW controlled factories.
Would someone please explain to me how forcing auto companies to make more cars that nobody wants to buy will somehow turn around the fortunes of said companies?
Posts
No comments:
Post a Comment