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  • fuel efficiency

    New Auto Efficiency Regs: Special Interests Win, Consumers Lose

    The federal government finalized new automobile efficiency rules today for cars and light trucks for model years 2017–2025. The rules require an average fuel economy of 54.5 miles per gallon (mpg) in 2025. Proponents of the rule advertise the more stringent mpg standard as a win for producers, consumers, and … More

    Morning Bell: How the EPA May Cost You Thousands

    Brace yourself. The cost of a new car in America is set to explode, skyrocketing by thousands of dollars, all thanks to a new regulation proposed by President Barack Obama’s Environmental Protection Agency and the National Highway Traffic Safety Administration. Under a new 893-page proposal unveiled last week, automakers must … More

    Government Fail: EPA's Green Letter Grades for Vehicles

    Both the Bush and Obama Administrations implemented tougher fuel efficiency standards for vehicles with the message that more stringent regulations will reduce carbon dioxide and save consumers money because they’ll be purchasing less gas. The Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration (NHTSA) recently announced fleet-wide requirements … More

    EPA’s Fuel Efficiency Standards: Bad News for the Consumer

    Government policies are typically sold as intuitively good ideas. We can give everyone access to health care and cut the deficit. We can inject money into the economy to create jobs and beat the recession. We’ll set up a “Consumer Protection Financial Agency” to do what? Protect the consumer, of … More

    Help Stop the EPA from Imposing More Costly Regulations

    Tired of having to drive safe, affordable vehicles? Can’t make a decision at the car lot and want the government to narrow down the decisions for you? Well then you’re in luck. The Environmental Protection Agency (EPA) has a great new regulation in store for you. The agency is intending … More

    President Obama Doesn’t Want to Run the Auto Industry - But He Continues To Do It

    At a speech at a General Motors Assembly plant in Lordstown, Ohio, President Obama restated his regret for government interference in the auto industry claiming the decision was out of necessity rather than choice. In what many called a campaign-like speech, the President asserted: As I’ve said before, I didn’t … More

    Cash for Clunkers: This is What We Call Success?

    Politicians are touting cash for clunkers as a successful program that has killed two birds with one stone. By handing out taxpayer money to subsidize a portion of the cost of a more fuel efficient vehicle, the program is saving the economy and saving the environment. Although the program increased … More

    Get ‘Em While They Last: Cash for Clunkers Program to End

    From Bloomberg: “The U.S. “cash for clunkers” vehicle trade-in program, credited with reviving auto sales and criticized by dealers for slow reimbursements, will close on Aug. 24, Transportation Secretary Ray LaHood said.” The government extended the $1 billion program into a $3 billion program and although the program is now … More

    Cash for Clunkers by the Numbers

    Ken Belson of the New York Times provides some interesting data points on the cash for clunkers program: The “cash for clunkers” program introduced last week appears to have been a success, at least based on the tens of thousands of consumers who streamed into their local car dealers to … More

    Is Cash for Clunkers Stimulating the Economy?

    Alan Greenspan says no: “It’s an interesting issue. I mean, I have qualms about the concept, but there is no doubt that that very extraordinary response is a very important indicator that the state of confidence in the economy is beginning to pick up. If we had been — the … More