Ethanol Fuels Big Three Bail Out Caravan
The Big Three auto makers traveled to Washington this week to ask for a bailout in fuel efficient, high mileage cars, including flex fuel vehicles that run on up to 85 percent ethanol.
General Motors’ Rick Wagoner (left) made the trip in a black hybrid Chevrolet Malibu, accompanied by a flex fuel Buick Lucerne, which runs on fuel that is 85 percent ethanol, and the high mileage Chevy Cobalt XFE. “Part of this is being done to showcase fuel-efficient and environment-friendly vehicles,” said GM spokesman Tom Wilkinson.
Ford’s Chief Executive Alan Mulally (center) traveled to the nation’s capital in a Ford Escape hybrid, which also runs on up to 85 percent ethanol. No word in the news reports what Robert Nardelli, chairman and chief executive of Chrysler, was driving.
The main reason for the car makers driving to the capitol this week was because of the flack they caught a few weeks ago for flying in on corporate jets with hat in hand to ask for billions in a federal bailout.
2 Comments »
Cornholer
GM ’s sudden stewardship of the environment is simply a way to continue to make gas guzzlers thanks to E85 an extremely inefficient fuel. The CAFE standards call for all car companies to achieve an average MPG for all vehicles. I believe the most recent number is 27 MPG. Well if you make the biggest money off of 10 miles per gallon SUV’s you would hate to say good bye to them wouldn’t you?
The CAFE standards has a loophole, that being that an E85 vehicle operating on E85 miles per gallon are ONLY figured against the actual amount of gasoline in the blend (15%) if you divide 100% fuel by 15% gasoline you get the multiplier to the mpg (666) therefore a gas guzzling 10 MPG SUV is given credit for 66.6 MPG. If you sell one SUV like this you can have 5 vehicles only achieving 20 MPG and this gas guzzling SUV and you average more than 27 MPG overall while not one of their vehicles really met the standard.
GM is not the only one taking advantage of this free ride Ford and Chrysler are too. The big three are heading down the toilet and this is just their hands clinging to the rim.
Mason
Flex fuel will break the Oil Cartel
Flex fuel can be set up to burn ethanol and methanol from coal or natural gas)
ONE “NO BRAINER” STEP!!!!!!!!!!!!
will result in TRUE price competition & TRUE fuel independance -
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