The American auto industry used to dominate the global market. Not anymore. It’s in full retreat around the world and a key reason is because we’ve strangled our industry with red tape, bureaucracy, and rules and regulations that actually work against each other. And then, when our automakers miss these regulatory targets, they get fined billions of dollars.
Good to see you finally admit that the climate zealots’ mad rules to force us lowly chuds into EVs was a huge mistake. Because I’ve never heard you be anything but an EV cheerleader. Even on that AAH the other night where the three guests tried to tell you exactly why it failed you still tried to rebut the obvious. So this is a big 180 for you.
Also the domestic OEMs are in no way blameless in their calamity. They were 1000% on board the EV train even as losses plied into the billions despite subsidies and the fanfare of billions in tax dollar boondoggles for charging infrastructure under Biden’s watch (They only built eight stations, eight!) Their own CEOs should point those fingers of blame at themselves. Not quite as catastrophically as VW and the other EU automakers, but darn close. A $19 billion write – down while still shelling out carbon fines is quite the bitter pill. And they deserve it. They’re probably making the same face as the Chicago Mach E owner stranded in a frozen parking lot for hours with a dead battery because both it and the chargers are frozen.
Sean – I could not agree with you more. But the problem starts at the top (and it’s supports).
Moderate, compromise-capable, well-planned and forward-looking leadership has been absent from federal AND many state governments for a LONG time.
The transition from full-tilt one direction to the diametric opposite that we’ve witnessed is just the most recent and largest scale example of the pendulum in leadership priorities prevalent for the last decade or so.
Launching a full tilt lean into electrification of most things that use fuel BEFORE creating electricity generation capability to support it. Now close it all down and cut materials supply lines off at the ankles.
It’s nightmare for the country as a whole – for all the wasted monetary and people capital slung freely with little LONG-TERM plan and realistic objectives.
And we voted for it — from the two extreme offerings presented. Moderation has been killed and replaced by a
5-year-old ‘I want mine all now’ mentality.
We need ADULTS to take over state and federal leadership SOON.