Posted on 08/18/2011 10:07:32 PM PDT by Lazlo in PA
The Obama Administration’s new fuel economy standards will result in the retail price of average motor vehicles to increase over $11,000, according to a study conducted by the Center for Automotive Research.
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The Obama administration’s new fuel economy standards would require automakers to produce cars and light trucks with an average fuel economy of 54.5 mpg by 2025. The Center for Automotive Research says their study is “the result of 11 months of effort and investigation by researchers at CAR in 2010-2011.”
(Excerpt) Read more at cnsnews.com ...
Not to mention that it will also drive healthcare costs up when people get into accidents.
On the plus side, you might be able to buy a funeral at bulk-rate prices! :)
Countdown until Obama leaves Office: 520 days as of August 18, 2011.
I’m going to buy a new 4x4 pickup the day before these new regs go into effect, and keep it until I die. However, I would also like to buy one of those little Messerschmidt cars you showed, just to say I own a Messerschmidt.
WOuld be easy with the NeW.... MyT engine.. of Angel Labs...
The miles per gallon is 58 miles a gallon. That is huge. I just bought my new car in July 2011....A toyota so I won’t be in need of a new car until 2017.
Elections do have consequences. Americans better pull their heads out of their *** before 2012. They got their “historic” election now it’s time for us to try to save what is left of our country if we can.
Yeah, I read that the Chevy Volt is selling at about 100 or less units per month (or is that quarter) because of the BIG DEMAND.
Socialism Kills.
Things are so bad, this is the new Bentley Barnato that the company has to sell to make fleet averages. Who is going to pay $50K for a micro car?
By the time 2017 rolls around, a sensible sized car will be a thing of the past.
That’s the whole idea. They want you to “nudge” you into the “free market choice” of moving into a rack-and-stack appartment next to a bus line.
It’s NOT JUST electricity...
The cost of a car will necessarily SKYROCKET!
The cost of everything will necessarily SKYROCKET!
What a jerkball. As if imposing new, arbitrary standards is the achievement. Not getting 40% more mileage out a car, which is a near miracle.
Hey, by the year 2019, I suggest all mile runners complete their races in under 2 minutes and 50 seconds. Whaddya say?
just imagine what their new heavy-truck mileage requirements will do to the distribution of goods and services.
That’s why I hold on to my 1982 Yamaha 50cc motorcycle just in case. (100 mpg maybe).
There is a physics-bound limit to what the car can be, and still do that. Some fantastically high priced light magnesium alloy would be needed to keep vehicles to the sizes that people have come to expect, and even losing weight won’t help highway fuel economy very much.
$11,000? Soon that will be just an ounce of gold! No Problem!
Part of 0bama’s Kenyan economic theories..
Today Obama issues a Treasonous EO giving back door amnesty to ILLEGAL ALIEN LAWBREAKERS (oxymoron) and it isn't even a blip on the Lamestream Media Radar Screen.
What the hell is going on here? Are we a Nation of Laws or a Banana Republic of Lawless Lawmakers?
I was reading estimates of price increases of only $2500, but I knew that was baloney.
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