thecarnews.com     
Acura

Aftermarket

Alfa Romeo

Aston Martin

Auction Action

Audi

Australia

Autoline on Autoblog

Bentley

BMW

Bugatti

Buick

By the Numbers

Cadillac

Car Buying

Carsumer Advocacy

Celebrities

CES

Chevrolet

Chicago Auto Show

China

Chrysler

Citroen

Commercial Trucks

Concept Cars

Convertibles

Coupes

Crossovers/CUVs

Daimler

Detroit Auto Show

Earnings/Financials

Economy

Etc.

Euro

Ferrari

FIAT

First Drive

Ford

Frankfurt Auto Show

Gadgets

Geneva Motor Show

GM

Government

Green

Hatchbacks

Hirings/Firings

Honda

HUMMER

Hybrids/Alternative

I.C.E.

In the Autoblog Garage

India

Infiniti

Jaguar

Japan

Kia

LA Auto Show

Lamborghini

Lexus

Lifestyle

Maintenance

Marketing

Maserati

Mercedes-Benz

Minivans/MPVs

Misc. Auto Shows

Motorcycles

Motorsports

New York Auto Show

Nissan

Opel

Opinion/Editorial

Paris Motor Show

Plants/Manufacturing

Podcasts

Porsche

PSA

Recalls/TSBs

Safety

Sedans/Saloons

SEMA

Sports/GTs

Spy Photos

Sunday Drive

Supercars

SUVs

Suzuki

Tech

Time Warp

Toyota

Toys

Trends

Trucks/Pickups

Tuners

Videos

Volkswagen

Volvo

Wagons/Estates

Home Page--Government  

Senator calls for 50-mpg mandate for Detroit to receive aid

"Thick and fast." That's the phrase that describes the opinions, pleas, advice, denunciations, and WTF? going on around the U.S. auto industry right now. Enter Congress, which is trying to figure out how to give Detroit automakers the $25 billion they were promised a few months ago. Congressmen are sounding off almost daily on what kinds of stipulations they want to attach to the loan/bailout/whatever you want to call it -- and that's just the ones who would vote for it at all. Next up is Senator Bill Nelson, a Florida democrat, who wants U.S. automakers to achieve a fleet average of 50 mpg by 2020. Right now, the CAFE target is 35 mpg by 2020 -- a goal agreed upon only after a huge amount of jockeying in and out of Congress. Nelson asked, "Why should we be pouring taxpayer money into an automobile industry that has continued to resist higher miles per gallon, which has led us in part to the problems we're in?" While that might sound like a great idea to some, it would cost a terrific sum of money to achieve. The Detroit Three need the money they're asking for just to get to Q2 of 2009, not to create a range of cars that would represent magnificent advances -- based on where we are right now -- in 11 years. There's a good chance nothing will be decided until the president-elect takes office, and by then, who knows what other requests Congress will have.[Source: Automotive News - Sub. Req.]




Previous Article:Congressional Democrats looking to toughen up bailout proposal        Next Article:Chrysler could be broke by New Year's, Nardelli would work for $1

Email the article to your friend
 


Copyright 2008. All rights reserved.