Wednesday, January 31, 2007

The Big 3 Beggars?

Unlike Toyota, GM and DaimlerChrysler have not sold 1 full hybrid car in America

"The opening round of congressional hearings this year on global warming and alternative fuels showed one fact is clear: The climate for automakers on Capitol Hill is becoming increasingly unforgiving," claims the DetroitNews this morning.

Good. Can automakers blame Congress?

According to GM, the Big 3 doesn't need an increase in CAFE, they need more money - much, much more money. Yet, the Big 3 have already been given billions to produce vehicles like the EV1 and hybrid cars, yet what has America received in return?

Increased foreign oil dependency. (READ MORE)

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