Originally Posted By: Nayov
Consumers should be able to save enough in gas to make up for the extra cost. The EPA estimates that the new standards will save auto buyers about $3,000 over the ownership life of a new vehicle.
Did the OP miss this part, or maybe he's independently wealthy so it doesn't matter?
*Wonders to self how this is a bad thing*
Per NPR all things considered this evening, which is generally not likely to contradict the left,(paraphrasing):
Although the Obama administration claims this will add $1,000 to the cost of a new vehicle, independent analysts predict closer to $5,000 (by 2016). (end paraphrasing)
We have to believe that it will increase the costs of cars and trucks more in companies that produce trucks (American 3, to a smaller degree Toyota) because they will have further to go, fleet-wise.
Additionally, there were (back when the automakers were bailed out initially) some analysts that had predicted that this would happen, and materially hurt Ford, as they (at the time) had by far the most popular truck in the f-150 and were not on the government doll ( again i heard this on a marketplace morning report)[DISCLAIMER- I'm not saying its a conspiracy, just reporting]. This sort of thing would have absolutely hurt big three automakers, however maybe not so much now after the bankruptcies? Ford may still be screwed.