The fuel-economy rules apply equally to foreign brands, of
course, some of which also specialize in big, powerful vehicles. But
they afford themselves an out. BMW paid $230 million in CAFE fines from
1983 to 2007 to avoid building small cars at a loss to please
Washington. Volvo paid $56 million. Daimler paid $55 million.
Why don't the Big Three take this out? Explains the Government
Accountability Office, because they fear the political repercussions
of being tagged with “unlawful conduct.”
This year, Daimler paid one of the biggest CAFE fines ever, $30
million—or $118 per car, a pittance to Mercedes buyers. By dumping
Chrysler, meanwhile, it avoided its share of an estimated
$100 billion in unremunerative investments the Big Three will have
to make to meet the new fuel-mileage rules.
Via Instapundit, Let Detroit Build Profitable Cars - WSJ.com
You don't say …
I really didn't realize that foreign car manufacturers paid the fines for
selling gas guzzling cars in our market, but The Big Three™
didn't even bother to make marketable cars for fear of being called bad names.
I don't know what this says of The Big Three™, the foreign car
manufacturers, or our own consumer driven demand for large cars …
You have my permission to link freely to any entry here. Go
ahead, I won't bite. I promise.
The dates are the permanent links to that day's entries (or
entry, if there is only one entry). The titles are the permanent
links to that entry only. The format for the links are
simple: Start with the base link for this site: http://boston.conman.org/, then add the date you are
interested in, say 2000/08/01,
so that would make the final URL:
You can also specify the entire month by leaving off the day
portion. You can even select an arbitrary portion of time.
You may also note subtle shading of the links and that's
intentional: the “closer” the link is (relative to the
page) the “brighter” it appears. It's an experiment in
using color shading to denote the distance a link is from here. If
you don't notice it, don't worry; it's not all that
It is assumed that every brand name, slogan, corporate name,
symbol, design element, et cetera mentioned in these pages is a
protected and/or trademarked entity, the sole property of its
owner(s), and acknowledgement of this status is implied.