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Obama to automakers: ‘You can’t just make money on SUVs and trucks’
The Hill ^

Posted on 08/15/2011 2:19:28 PM PDT by Sub-Driver

Obama to automakers: ‘You can’t just make money on SUVs and trucks’ By Andrew Restuccia - 08/15/11 02:37 PM ET

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. “There is a place for SUVs and trucks, but as gas prices keep on going up, you have got to understand the market. People are going to try to save money.”

Obama has positioned the revival and reshaping of the auto industry as a major part of his administration’s push to improve the economy and create jobs.

“When I came into office they were talking about the liquidation of GM and Chrysler, and a lot of folks said you can’t help them, and it’s a waste of the government’s money to try and help them,” Obama said Monday. “But what I said was, we can’t afford to lose up to a million jobs in this country, particularly in the Midwest.”

Obama was speaking at the start of a three-day bus tour of the Midwest. He will visit Decorah, Iowa, later in the day.

The president said his administration “turned around” the U.S. auto industry and is calling on automakers to change the way they do business.

“They are gaining market share for the first time in years, but what we said was, ‘If we are going to help you, then you have also got to change your ways,’ ” he said.

The White House unveiled first-ever fuel efficiency rules for heavy-duty trucks last week. The standards come after the administration ratcheted up fuel economy standards for cars and light-duty trucks.

The administration negotiated the standards in a series of high-stakes closed-door meetings with industry. In the end, the White House won the endorsement of major automakers and truck companies.

Obama has touted the new standards as “the single most important step we’ve ever taken as a nation to reduce our dependence on foreign oil.”

Later Monday, Obama touted the administration’s efforts to boost electric vehicles and advanced battery technology.

“That is the kind of approach that we have to take: Using the private sector, understanding that ultimately the private sector is going to be creating jobs, but also understanding that government can be an effective partner in that process, and nowhere is that more true than in rural America.”


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: automakers; autos; bho44; governmentmotors; manufacturing; obama2012; obamabustour; oil; suv
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And don't forget to check the air in your tires too.........
1 posted on 08/15/2011 2:19:31 PM PDT by Sub-Driver
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To: Sub-Driver

FUBO! Zero has never run a comapny and fails to understand that the federal government does not control commerce. These companies need to sue Zero for his statements and actions.


2 posted on 08/15/2011 2:20:51 PM PDT by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: Sub-Driver
FUBO wtf, a nitwit on the campaign trail.
3 posted on 08/15/2011 2:21:20 PM PDT by boomop1
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To: Sub-Driver

Eat your peas.


4 posted on 08/15/2011 2:21:33 PM PDT by HIDEK6
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46 Days And FR Is Still Short Of Its Goal

Take FR Across The Finish Line

Click The Pic To Donate

5 posted on 08/15/2011 2:21:46 PM PDT by DJ MacWoW (America! The wolves are here! What will you do?)
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To: Sub-Driver

IOW, watch for a manipulated rise in gas prices.


6 posted on 08/15/2011 2:22:09 PM PDT by bgill (just getting tagline ready for 6 months after you vote in Perry - Tried to warn you he's a RINO.)
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To: Sub-Driver
I don't know what to say. The man is a marxist or an idiot. He certainly does not understand market capitalism.

Maybe he should ask his pals at GM how to force a product on a market that doesn't want to buy it. Eg. the Volt.

7 posted on 08/15/2011 2:22:34 PM PDT by Former Proud Canadian (We .. have a purpose .. no longer to please every dictator with a vote at the UN. PM Harper)
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To: Sub-Driver

Ford seems to have done pretty good with the F series trucks.


8 posted on 08/15/2011 2:23:22 PM PDT by cripplecreek (Remember the River Raisin)
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To: Sub-Driver
"...Obama has touted the new standards as “the single most important step we’ve ever taken as a nation to reduce our dependence on foreign oil.”

That's because the idea of developing our own vast, known energy resources hasn't occured to him.

9 posted on 08/15/2011 2:23:37 PM PDT by HIDEK6
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To: Sub-Driver

Does he realize that about the only market where the US automakers can still make a profit is SUVs and trucks??? Does he realize that not everyone lives in Chicago and that some people actually need trucks to do their jobs and to live their lives? Does he realize that not everyone with an SUV is a soccer mom with security issues? He is too stupid to realize that he is destroying the productive and profitable parts of American industry. Unless he bans SUVs and trucks, someone else will make them and Americans will buy them.


10 posted on 08/15/2011 2:24:15 PM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: CodeToad

>‘You can’t just make money on SUVs and trucks’<

This is code for “build more Chevy Volts” (which no one buys, even brain-dead libs)..


11 posted on 08/15/2011 2:24:15 PM PDT by max americana (FUBO NATION 2012 FK BARAK)
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To: Sub-Driver

Does he realize that about the only market where the US automakers can still make a profit is SUVs and trucks??? Does he realize that not everyone lives in Chicago and that some people actually need trucks to do their jobs and to live their lives? Does he realize that not everyone with an SUV is a soccer mom with security issues? He is too stupid to realize that he is destroying the productive and profitable parts of American industry. Unless he bans SUVs and trucks, someone else will make them and Americans will buy them.


12 posted on 08/15/2011 2:24:26 PM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Sub-Driver

Pure statist elitism. Dictating auto policy from an armored Escalade.


13 posted on 08/15/2011 2:24:34 PM PDT by lurk
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To: Sub-Driver

I'm sure Obama will take a cue from his hero, and get the automakers to do his bidding.

14 posted on 08/15/2011 2:24:49 PM PDT by dfwgator
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To: Sub-Driver

“...you have got to understand the market”

Dumb statement of the year.

If the market was demanding smaller cars, they would build smaller cars. They build SUV’s and trucks, becuase that’s what the market demands.

It’s Obama that doesn’t understand the market.


15 posted on 08/15/2011 2:24:59 PM PDT by Brookhaven
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To: HIDEK6

Those standards go on 1/22/2013.


16 posted on 08/15/2011 2:25:12 PM PDT by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: Sub-Driver

Sure they can OBama. You’ll be gone soon enough like a bad memory while the automakers will still be producing big vehicles that makes them big money.


17 posted on 08/15/2011 2:25:33 PM PDT by Red Steel
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To: Sub-Driver
Ubama is always telling people what they can and can't do and that they have made enough money.

It's like he believes he is a dictator or something.

18 posted on 08/15/2011 2:25:46 PM PDT by E. Pluribus Unum (Regulation is government control of capital, and government control of capital is socialism.)
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To: Sub-Driver

And drag this guy out of the WH by his heels...ala Mussolini...


19 posted on 08/15/2011 2:25:49 PM PDT by livius
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To: Sub-Driver
Meanwhile the a$$hat travels around in an up-armored Greyhound bus that will get a freaking 100 yards to the gallon.
20 posted on 08/15/2011 2:25:59 PM PDT by gov_bean_ counter
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To: Sub-Driver
There is a place for SUVs and trucks, but as gas prices keep on going up, you have got to understand the market. People are going to try to save money.”

Have to understand the market? WHAT IS HE TALKING ABOUT?

People buy SUVs and trucks to haul things. Groceries. Kids. Lumber. Tools. Those needs don't go away just because you decide at your central planning board that smaller, more fuel efficient cars are better.

Other than that, Obama, you are a moron.

21 posted on 08/15/2011 2:26:58 PM PDT by Steel Wolf ("Few men desire liberty; most men wish only for a just master." - Gaius Sallustius Crispus)
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To: Sub-Driver

Next thing you know, democrats at the local level will tell McDonald’s they can’t just make their money on burgers and fries...oh wait...


22 posted on 08/15/2011 2:27:15 PM PDT by Tulane
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To: Former Proud Canadian

That seems to be Obama’s problem in a nutshell. He thinks companies can force a product onto a consumer. Hence he still thinks the Volt should be a success, the problem is the GM isn’t twisting customer’s arms hard enough to force them to buy it.


23 posted on 08/15/2011 2:27:35 PM PDT by Brookhaven
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To: Sub-Driver

Hey Zippy this is NOT Kenya,and you will soon be gone!


24 posted on 08/15/2011 2:28:13 PM PDT by Cheetahcat ( November 4 2008 ,A date that will live in Infamy.)
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To: Sub-Driver

He’s guiding them... he’s giving the auto companies market advice on future consumer preferences. What a doof.


25 posted on 08/15/2011 2:28:25 PM PDT by Pearls Before Swine
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To: Steel Wolf

His desired end state is to be able to tell Americans what kind of car they must drive. Just one more reason the healthcare mandate MUST be declared unconstitutional.


26 posted on 08/15/2011 2:28:51 PM PDT by gov_bean_ counter
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To: Sub-Driver

The GALL of this man!!


27 posted on 08/15/2011 2:29:06 PM PDT by Patriotic1 (Dic mihi solum facta, domina - Just the facts, ma'am)
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To: Former Proud Canadian

Yup, he is so ignorant on the free market that it’s downright scary.

Hello Obama. The reason why they keep making trucks and SUV’s is because of demand! If there wasn’t any demand than they wouldn’t be making them, Duh.

Maybe he can invent a small vehicle promotion department to go along with his new job department.


28 posted on 08/15/2011 2:29:06 PM PDT by MissyMa
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To: E. Pluribus Unum
What kind of drugs do his handlers have him on?

Even scarier; he might not even be on drugs!

29 posted on 08/15/2011 2:29:29 PM PDT by Thom Pain (ABO)
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To: Sub-Driver

Come on 2012 and free us of this commie pestilence.


30 posted on 08/15/2011 2:29:57 PM PDT by Cheetahcat ( November 4 2008 ,A date that will live in Infamy.)
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To: CodeToad

Actually Obama can and does control commerce.

His 34 MPG CAFE standards requirement and his control of Government Motors does mean that automakers can not make a profit with trucks and SUV’s.

Obama has declared it so.


31 posted on 08/15/2011 2:30:22 PM PDT by Responsibility2nd (The views and opinions expressed in this post are true and correct. Deal with it)
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To: Sub-Driver

Bam, I don’t even know where to begin. Such an utter and complete wanna-be marxist dictator.


32 posted on 08/15/2011 2:31:34 PM PDT by vpintheak (Democrats: Robbing humans of their dignity 1 law at a time)
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To: Opinionated Blowhard

I don’t have a source for this...but I swear I heard not long ago that sales of SUVs and trucks was actually up....I think in comparison to other vehicles.... maybe I was dreaming it....


33 posted on 08/15/2011 2:32:14 PM PDT by Newton ('No arsenal is so formidable as the will and moral courage of free men and women.' -Ronald Reagan)
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To: CodeToad

President Obama: “There is a place for SUVs and trucks, but as gas prices keep on going up, you have got to understand the market. People are going to try to save money.”

Telling automakers they have got to understand the market? That’s hilarious. Not only does Mr. President know everything about energy and health care, now he’s an auto industry expert (not bad for a community organizer). Maybe he should set SUV quotas for the industry. Like the automakers never considered making smaller, energy efficient cars, eh? Laughable!!!

It’s a mystery to me how anyone could still think this joker is doing a good job. Even race only goes so far.


34 posted on 08/15/2011 2:32:41 PM PDT by CitizenUSA (Bad is easy. Anyone can do bad. Good, OTOH, is work. It takes discipline.)
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To: Former Proud Canadian

>>The man is a marxist or an idiot.

He is both.

His Marxism is obvious in everything he does. His idiocy is that he believes that he can say something and it will happen. Then, he is surprised and angry when it doesn’t, so he lashes out and calls us all stupid for not obeying him. Then, when we don’t accept his scolding and get on board with his ideas, he gives up and tries another decree.


35 posted on 08/15/2011 2:32:41 PM PDT by Bryanw92 (The solution to fix Congress: Nuke em from orbit. It's the only way to be sure!)
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To: Sub-Driver

So all manufacturers (not just the automotive industry) should ditch their profitable lines to make politically correct products that nobody buys. What a (censored) genius! Another “Win The Future” idea!


36 posted on 08/15/2011 2:34:02 PM PDT by Fred Hayek (FUBO, the No Talent Pop Star pResident.)
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To: Sub-Driver
 
 
 
What's next - Obammy proposing his own Kraft durch Freude wagen?
 
 
 

37 posted on 08/15/2011 2:34:02 PM PDT by lapsus calami (What's that stink? Code Pink ! ! And their buddy Murtha, too!)
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To: Former Proud Canadian

Idiot and Marxist are redundant.


38 posted on 08/15/2011 2:34:13 PM PDT by dfwgator
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To: Sub-Driver
The president said his administration “turned around” the U.S. auto industry and is calling on automakers to change the way they do business.

“They are gaining market share for the first time in years, but what we said was, ‘If we are going to help you, then you have also got to change your ways,’ ” - Obama

What Obama is saying is: we (the Obama administration) 'gave' you (taxpayer) money to 'save' your company, now we (the Obama administration) will make you dance to our tune. You'll manufacture the kinds of vehicles WE tell you to.

Classic fascist approach. Allow 'private' industry but control it, totally. See Nazi Germany.

39 posted on 08/15/2011 2:34:17 PM PDT by Jim Scott ( "Game On!" - Sarah Palin)
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To: Sub-Driver

What Obama said: ‘You can’t just make money on SUVs and trucks’

What the American People heard: “Bureaucrats in Washington are going to be deciding what you drive”.

And the longest week in history for Barry just refuses to end.


40 posted on 08/15/2011 2:34:20 PM PDT by Buckeye McFrog
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To: Sub-Driver

Do as I say: Build cars nobody wants! Like the Volt!

Obama is known for his marketing prowess.


41 posted on 08/15/2011 2:35:20 PM PDT by Mikey_1962 (Obama: The Affirmative Action President. Alea iacta est!)
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To: vpintheak

My first question is does anyone know how many sheets of OSB board I can carry in a Prius?


42 posted on 08/15/2011 2:35:45 PM PDT by cripplecreek (Remember the River Raisin)
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To: gov_bean_ counter
Meanwhile the a$$hat travels around in an up-armored Greyhound bus that will get a freaking 100 yards to the gallon.

You just need to understand the market with the same savvy acumen as our high roller business mogul President. From anyone else, this would be an egregiously tin-eared statement that would make you an instant laughingstock.

Obama, though, he knows the market. He's like the Gordon Gecko of Keynesian redistribution.

43 posted on 08/15/2011 2:36:26 PM PDT by Steel Wolf ("Few men desire liberty; most men wish only for a just master." - Gaius Sallustius Crispus)
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To: Sub-Driver

I wouldn’t put this maroon in charge of a lemonade stand.


44 posted on 08/15/2011 2:36:42 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


45 posted on 08/15/2011 2:36:43 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Sub-Driver
. . . Men who look upon themselves born to reign, and others to obey, soon grow insolent; selected from the rest of mankind their minds are early poisoned by importance; and the world they act in differs so materially from the world at large, that they have but little opportunity of knowing its true interests, and when they succeed to the government are frequently the most ignorant and unfit of any throughout the dominions.

Thomas Paine: Common Sense, 1776

46 posted on 08/15/2011 2:37:43 PM PDT by Quiller (When you're fighting to survive, there is no "try" -- there is only do, or do not.)
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To: Buckeye McFrog

baraq and the rest have just announced that they are going to try to take down the auto companies and put out of work all the tradesmen. You know, the UNION plumbers, carpenters, sheetrockers, electricians who drive 3/4 ton trucks and vans.
And the unions still support him.

f in idjit.


47 posted on 08/15/2011 2:38:01 PM PDT by Texas resident (Hunkered Down)
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To: Sub-Driver

This man is dumber than I thought. Of course, he is enjoying being this man is dumber than I thought because he wants to wreck havoc on a country that isn’t even his own. I am sure his family is proud of him.


48 posted on 08/15/2011 2:38:15 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Responsibility2nd

The Lightworker has a business plan that involves 1000 pound electric carts, airbag cabin compartments, and consumer mandates all priced to move at 75,000 dollars per unit. The battery will be towed for better mileage.


49 posted on 08/15/2011 2:38:19 PM PDT by dogcaller
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To: Sub-Driver

Coming next to DC: Directive 10-289.


50 posted on 08/15/2011 2:39:17 PM PDT by Night Hides Not (My dream ticket for 2012 is John Galt & Dagny Taggart!)
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