Obama’s Automotive Regs. Harm American Companies and People

ATR ^ | 2011-08-01 | Jon Mahaffey

[92nina]

...The new CAFE standards will further frustrate the American automaker - American car buyer relationship to a point where buyers will be priced out of the new car market due to the costs associated with regulatory compliance.

• Even the Environmental Protection Agency [1] (EPA) projects increased costs of $2,100 to $2,500 per vehicle by 2025 in addition to the $950 per vehicle increase associated with the model years 2012-2016 standards.
• More likely, new standards will increase the cost per vehicle by $5720 to $6714 by 2025.
• Even with the savings pocketed from increased efficiency, the 56 mpg standard would result in a net monetary loss for consumers - sticker price increase minus fuel savings - of $2,858 over five years for car owners.
• The US Energy Information Administration’s (EIA) 2011 Annual Energy Outlook finds that no new cars under $15,000 would be available to car buyers in 2025.

  The proposed fuel efficiency and emissions standards will expand the main cause of federal spending and debt - a government that is doing too much.

• Congress deemed the National Highway Transportation Safety Administration to be the only agency setting fuel efficiency standards; however EPA’s Supplemental Notice of Intent [3] (SNI) indicates it is now the leading agency in establishing fuel efficiency standards.
• The EPA’s SNI states that the new standards will require new programs to encourage the adoption of the technology needed to implement the new standards...

Read more: http://www.atr.org/obamas-automotive-regs-harm-american-companies-a6384#ixzz1TtLnhlzK

[92nina]

Buyers priced out of new car market and new programs expand the size of federal government

Take this article and others I found to the fight to the Libs on their own turf; put the Left on the defensive at at Digg and at Reddit and in Stumbleupon and Delicious

[DaxtonBrown]

What is missing is that these new cars are not repairable by the common man. That means there will be a dearth of low priced used vehicles for the poor. You used to be able to get a running clunker for $500. Now after cash for clunkers it is $2000. What happens when these things all have ten year battery packs that need a $5000 replacement?

I would use the social justice arguments right about here.

[expatguy]

Common sense is it not - what happens when he goes after Steve Jobs and Apple.

An American Expat in Southeast Asia

[bassmaner]

I would use the social justice arguments right about here.

Ultimately, they want all of us out of our private cars and herded onto public transport. That's their 'social justice' end game, with exception made of course for the nomenklatura ruling class, who'll ride from the Kremlin to their dachas in their Zil limos.

[ken21]

bump.