Top Tweets for #AutoPrices
#Trump #WSJ #autoprices
President Trump fulfilled campaign pledge to end Biden electric-vehicle mandate eliminating gratuitous mandates that raise car prices and create market distortions.
Corporate average fuel economy (CAFE) standards are a regrettable relic of 1970s Arab oil embargo and gas shortages. Manufacturers’ fleets each year are required to average certain number of mpg with discrete benchmarks for passenger cars and pickups. The Obama and Biden teams used rules to mandate EVs by the back door.
They did this by establishing unrealistic standards that car makers could only achieve by making more EVs that generated compliance credits. By ramping up EV production, auto makers could continue selling highly profitable gas SUVs and pickups that don’t meet fuel-economy requirements a regulatory sham.
Biden and Obama also gave auto makers bonus compliance credits for design features such as an engine that shuts off when car stopped. Auto makers were allowed to buy credits from other firms that had a surplus, namely EV makers like Tesla. Buying credits could be less expensive than fines for noncompliance.
Enter Trump Transportation Department, proposing to “reset” standards by eliminating credit loopholes for compliance while also lowering future mandates. Under its proposal, car makers would still have to average 34.5 miles a gallon across fleets by 2031, up from 30.4 this year.
Trump standards are lower than those Biden set for future years, and auto makers would no longer receive extra credits for producing more EVs or be allowed to buy credits from other manufacturers. Sorry Musk. Crossover SUVs, previously classified as pickups, would also be included in passenger car bucket.
As DOT explains, crossovers are really passenger cars, but manufacturers have designed them with features solely intended to meet regulatory definition of pickup to meet CAFE mandates. The result has been “little added functionality, reduced fuel economy performance, added cost, and fairly homogenous design language lacking in creativity.”
Credit to Administration for trying to remove regulatory distortions that raise costs and reduce consumer choice. GOP tax bill eliminated penalties for CAFE noncompliance, but Trump car deregulation still worth cheering since Democrats will likely reinstate fines next time they win control of Congress and White House.
Car makers will at least know the CAFE rules of the road for the next several years.
Choose your pick!!
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#ALCAZAR #HyundaiALCAZAR #CarComparison #mghector #xuv700 #AutoPrices #VehicleValue #CarRivals #automotiveinsights #91wheels
Comparing the bold new 2024 Hyundai Alcazar price with its rivals—who offers the best value? 💰🚗
Answer in the comments below!!👇👇
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#ALCAZAR #HyundaiALCAZAR #CarComparison #mghector #tatasafari #xuv700 #AutoPrices #VehicleValue #CarRivals #automotiveinsights #91wheels
Bitcoin breaks $60k, auto prices fall & Apple says no to car, yes to AI. Doug Flynn, CFP on @NewsNation with @connellmcshane. https://t.co/089CtmBRqM via @YouTube #BitcoinSurge #AutoPrices #AppleAIShift #FinancialTrends #TechInsights #bitcoin #AI
#EV's WILL BECOME THE NEXT #EDSEL (Late 50's bust).
#BIDEN ADMIN SHOULD SUPPORT #HYBRIDS.
#AUTOPRICES WILL #RISE SO STEEPLY DUE TO NEW #UAWCIO #UNIONLABOR #WAGEINCREASES
#FED WILL HAVE TO #BAILOUT THE BIG #AUTOMAKERS BECAUSE THEY WILL SUFFER #SALES DUE TO NEW #WAGEINCREASES.
Auto Prices: for 25 years auto prices, new and used where stable. Not much fluctuation. Then the world got flipped upside down due to the pandemic...auto prices skyrocketed!
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Are better prices just around the corner?
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#autoprices #howmuchdocarscost #recession
फरीदाबाद में ऑटो का न्यूनतम किराया अब 20 रुपए के करीब जा पहुँचा है। हालांकि आज कुछ ऑटो चालक न्यूनतम 10 रुपए ही ले रहे हैं। इस वजह से जगह जगह सवारी और चालक के बीच विवाद हो रहा है। दाम बढ़ने की वजह सीएनजी के बढ़े दामों को बताया जा रहा है।
#Faridabad #CNG #AutoPrices
Interestingly, used #car prices declined 0.25% this month. The explosive growth of #AutoPrices, and particularly used autos is clearly dulling sentiment, which plummeted recently in the #ConsumerSentiment surveys, so as they say: “High prices cure high prices.”
Auto Drivers Makes Prices Hike Over Sunday Lockdown In Majestic At Bengaluru
Video Link ►https://t.co/MjTjpUntej
#TV9Kannada #AutoPrices #Lockdown #Bengaluru #KannadaNews
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