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  • Washington Giving Detroit a Second Chance  [View article]
    "Washington could offer incentives to car buyers to trade in gas guzzlers for more fuel-efficient vehicles — the newer and the bigger the clunker and the more fuel-efficient the replacement, the more dollars the car buyer would receive if the guzzler is destroyed. This would raise the price carmakers receive from selling more fuel-efficient vehicles and boost car sales."

    This is a horrible idea that will amount to nothing more than another wasteful welfare plan. It will lead to the loss of historically significant vehicles and will drive up used car prices. It will adversely impact the supply of used and replacement auto parts which are necessary to low income families as well as to millions of automotive enthusiasts, :"tuners," :"hot rodders" and grassroots racers. The Specialty Equipment Market Association (SEMA), car collectors, and motoring enthusast groups will fight such a misguided strategy.
    Jan 14 14:09 pm |Rating: +1 0
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