...and wealth destruction, too as all of the factory tooling, investment in marketing brands and dealer infrastructure to support large, safe, comfortable vehicles is being eradicated before the investment can be amortized over planned future sales.
Meanwhile we are treated to Government Motors’ Cadillac ads for their “New American Standard for the World,” the 557 HP CTS-V which gets 12 mpg with its ground-breaking feature being...wait for it...windshield wipers which don't lift of the windshield at 190 MPH! Does Obama and his Greenie gang know about this?
Of course, the team that developed the vehicle was disbanded when Obama took over, so there will be no follow-on development for the “new standard” of performance. The next GM vehicle with windshield wipers that don't lift off the glass at 190 mph will be...never!
The new GM president appointed by the Obama and UAW packed board last week began begging for a huge gasoline tax to force consumers to consider trading in their big, comfortable cars and trucks for the eco-clown cars GM is now tooling up to build under Obama mandates. Good luck!
Which I don't get. If I have my 20 MPG car paid off, why would I want to trade it in for a $400 or %500+ monthly payment + gas just to get a few MPGs? That's nuts. My next new car will be when my current one can't be economically repaied or in the junk yard.
When you drive a limo and fly on a private jet, I guess things like that get lost on you. (Royal "you" not you "you".)