by Dave Blount | August 16, 2011 1:51 pm
This is why you don’t want authoritarian moonbats running the automotive industry:
The country’s automakers should ditch their focus on SUVs and trucks in favor of smaller, more fuel-efficient vehicles, President Obama said Monday.
“You can’t just make money on SUVs and trucks,” Obama said during a town hall forum in Cannon Falls, Minn.
However, that is exactly where domestic automakers earn their profits. Politically correct eco-vehicles are sold at a loss to meet regulatory requirements. But Comrade Obama plans to change all that by forcing them to sell nothing but moonbatmobiles under punitively unrealistic fuel economy standards for trucks. Forbidden from selling anything the public would want or could afford, automakers will be left to subsist entirely on government subsidies and bailouts. Just so long as Obama’s union supporters get their healthcare and pensions, what else could matter?
In other news from the disastrous collision of moonbattery and the auto industry, the car of the future appears to be sinking into the past:
Would-be California automaker Aptera has announced that it is returning all of the deposits it currently holds for its two-seat, three-wheel electric car.
According to GreenCarReports.com, the company sent out a note on August 12th to the people who had placed reservations for the Aptera 2e that reads “…as you know, our path to production has been longer than anticipated, which has complicated our reservation administration to the point that we have decided to return your deposit.”
Meanwhile, Ford’s F150 sales are doing fine — until the Obama Administration slashes the tires.
On tips from Wyatt’s Torch, mega, and Ghost of FA Hayek. Cross-posted at Moonbattery.
Source URL: https://rightwingnews.com/economy/obamunism-car-industry-impending-crash/
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