Tigers X - Number one Source to Talk Auburn Tigers Sports
The Library => The SGA => Topic started by: AUTailgatingRules on August 15, 2011, 04:58:42 PM
-
Stop selling the profitable trucks and SUVs that people WANT to buy and concentrate your efforts on the smaller cars people DON"T WANT TO BUY.
No wonder this guy never ran a company.
http://thehill.com/blogs/e2-wire/677-e2-wire/176917-obama-to-auto-industry-you-cant-just-make-money-on-suvs-and-trucks
Obama to automakers: ‘You can’t just make money on SUVs and trucks’
By Andrew Restuccia - 08/15/11 02:37 PM ET
The country’s automakers should ditch their focus on SUVs and trucks in favor of smaller, more fuel-efficient vehicles, President Obama said Monday.
“You can’t just make money on SUVs and trucks,†Obama said during a town hall forum in Cannon Falls, Minn. “There is a place for SUVs and trucks, but as gas prices keep on going up, you have got to understand the market. People are going to try to save money.â€
Obama has positioned the revival and reshaping of the auto industry as a major part of his administration’s push to improve the economy and create jobs.
“When I came into office they were talking about the liquidation of GM and Chrysler, and a lot of folks said you can’t help them, and it’s a waste of the government’s money to try and help them,†Obama said Monday. “But what I said was, we can’t afford to lose up to a million jobs in this country, particularly in the Midwest.â€
Obama was speaking at the start of a three-day bus tour of the Midwest. He will visit Decorah, Iowa, later in the day.
The president said his administration “turned around†the U.S. auto industry and is calling on automakers to change the way they do business.
More from The Hill:
♦ Obama takes shots at GOP field
♦ RNC ready to counter bus tour
♦ Perry has message for Obama's Iowa visit
♦ Obama: 'Partisanship, gridlock' stalling growth
“They are gaining market share for the first time in years, but what we said was, ‘If we are going to help you, then you have also got to change your ways,’ †he said.
The White House unveiled first-ever fuel efficiency rules for heavy-duty trucks last week. The standards come after the administration ratcheted up fuel economy standards for cars and light-duty trucks.
The administration negotiated the standards in a series of high-stakes closed-door meetings with industry. In the end, the White House won the endorsement of major automakers and truck companies.
Obama has touted the new standards as “the single most important step we’ve ever taken as a nation to reduce our dependence on foreign oil.â€
Later Monday, Obama touted the administration’s efforts to boost electric vehicles and advanced battery technology.
“That is the kind of approach that we have to take: Using the private sector, understanding that ultimately the private sector is going to be creating jobs, but also understanding that government can be an effective partner in that process, and nowhere is that more true than in rural America.â€
-
He is a piece of work. :facepalm:
-
He is a piece of work. :facepalm:
Youre being kind.
-
The Pharaoh is not going to stop meddling with the auto industry until either he's satiated the desires of the unions for more Fedgov money...or destroyed the industry.
-
Youre being kind.
If I said what I really thought, guys in dark sunglasses and suits would be outside my door within minutes.
-
Stop selling the profitable trucks and SUVs that people WANT to buy and concentrate your efforts on the smaller cars people DON"T WANT TO BUY.
No wonder this guy never ran a company.
This guy can't run or maintain a free market economy either.
-
Hey GM, how's that Volt thing working for you?
That's right you sold a whopping 125 of them last month. That ought to replace all the profit from those evil trucks and SUVs
-
Hey GM, how's that Volt thing working for you?
That's right you sold a whopping 125 of them last month. That ought to replace all the profit from those evil trucks and SUVs
Yeah, but if they produce more, people will purchase more of them. It's Obama-nomics...
-
Yeah, but if they produce more, people will purchase more of them. It's Obama-nomics...
That could be his 2012 election theme:
The field of dreams, If I build it they will come
-
That could be his 2012 election theme:
The field of dreams, If I build it they will come
Only if the Pharaoh is handing out wads of that "Obama-money".