Friday, April 13, 2012

Obama regs to cut 7 mil car buyers out of market

The Examiner - Beltway Confidential ^ | April 12, 2012 | Conn Carroll
The Corporate Average Fuel Economy (CAFE) regulations that President Obama announced last summer will make it impossible for 7 million lower income consumers to buy a new car according to a National Automobile Dealers Association (NADA) study released today. (Obama will buy one for each?)
 
“While you can mandate what automakers must build, you can’t dictate what customers will buy, nor can you dictate if a bank will make a loan,” New Mexico Ford dealer Don Chalmers said today.
(Excerpt) Read more at campaign2012.washingtonexaminer.com ...

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