The story you posted is not accurate....IT IS WORSE....There was one article out today with more details and you just got to read it....I think it is more accurate since it is in Europe and the news over there has no reason to sugar coat things....
Barack Obama reveals dramatic new emissions standards for US cars - Times Online
You need to read it. Here are some important parts......
"by 2016 most passenger cars must reach 39 miles per US gallon"
They use the word "MOST", so what do think they are going to do to those who buy cars who don't get that mileage? Pay to Play Baby!! And certainly the General Mustang GT will not be able to hit that number with a V8. The general V8 Mustang is going away. It will be replaced by a aerodynamic body with a Ecoboost (turbo) V6. I guarantee it.
Here is another quote also worth seeing....
"another $50 billion in low-cost loans to help them to retool their plants to make smaller cars"
In short, more money out of our pockets for Green vehicles and soon the Government will have a hand in Ford as well. Wow!
And you can say good buy to your older project Mustangs.....
"dubbed “Cash for Clunkers”, which would give vouchers worth up to $4,000 to consumers who turn in a car that gets 18mpg or worse "
So you have the beat up Fox body 5.0 and you could sell it for maybe $2K, you can now Crush it and get $4000!!!! Any car!! that does not get 18mpg!!! I might just start buying clunkers now and make fortune!
This is all bad stuff! Glad I got my V8 cars now.... but at some point the Government is going to start taxing me for their polution I am certain of that. Just for owning one.
EDIT!!.............
Almost forgot my favorite quote from the article
"Mr Obama announced a plan that will compel the automobile industry to scrap scores of iconic vehicle brands "
Iconic brands? as in Mustang?
Barack Obama reveals dramatic new emissions standards for US cars - Times Online
You need to read it. Here are some important parts......
"by 2016 most passenger cars must reach 39 miles per US gallon"
They use the word "MOST", so what do think they are going to do to those who buy cars who don't get that mileage? Pay to Play Baby!! And certainly the General Mustang GT will not be able to hit that number with a V8. The general V8 Mustang is going away. It will be replaced by a aerodynamic body with a Ecoboost (turbo) V6. I guarantee it.
Here is another quote also worth seeing....
"another $50 billion in low-cost loans to help them to retool their plants to make smaller cars"
In short, more money out of our pockets for Green vehicles and soon the Government will have a hand in Ford as well. Wow!
And you can say good buy to your older project Mustangs.....
"dubbed “Cash for Clunkers”, which would give vouchers worth up to $4,000 to consumers who turn in a car that gets 18mpg or worse "
So you have the beat up Fox body 5.0 and you could sell it for maybe $2K, you can now Crush it and get $4000!!!! Any car!! that does not get 18mpg!!! I might just start buying clunkers now and make fortune!
This is all bad stuff! Glad I got my V8 cars now.... but at some point the Government is going to start taxing me for their polution I am certain of that. Just for owning one.
EDIT!!.............
Almost forgot my favorite quote from the article
"Mr Obama announced a plan that will compel the automobile industry to scrap scores of iconic vehicle brands "
Iconic brands? as in Mustang?
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