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Car Radio 910AM-Detroit: Podcast, July 11, 2024
Host: Henry Payne, Auto columnist, The Detroit News
As Yoga Berra might say: “It’s like déjà vu all over again.” New US auto regulations are perversely working against domestic auto manufacturers. In the 1970s, Washington devised CAFÉ rules to force US automakers to make more fuel-efficient cars in order to reduce our “foreign oil dependence.” But the rules worked against Detroit companies, increasing Japanese automakers market share. Today, the trendy buzzword is “climate crisis” and government is forcing electric vehicles. The beneficiary? Chinese automakers and China’s dominance of battery materials. 2 minutes. Original aired July 11, 2024 on the Auto Report, 910AM-Detroit WFDF
Headline: Car Radio, Podcast 191: Payne on auto regs deja vu
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Car Radio 910AM-Detroit: Podcast, July 11, 2024
Host: Henry Payne, Auto columnist, The Detroit News
As Yoga Berra might say: “It’s like déjà vu all over again.” New US auto regulations are perversely working against domestic auto manufacturers. In the 1970s, Washington devised CAFÉ rules to force US automakers to make more fuel-efficient cars in order to reduce our “foreign oil dependence.” But the rules worked against Detroit companies, increasing Japanese automakers market share. Today, the trendy buzzword is “climate crisis” and government is forcing electric vehicles. The beneficiary? Chinese automakers and China’s dominance of battery materials. 2 minutes. Original aired July 11, 2024 on the Auto Report, 910AM-Detroit WFDF
Headline: Car Radio, Podcast 191: Payne on auto regs deja vu