Automakers Welcome New Energy Bill
Even as the Prez picks up his pens to sign the new Energy Bill into law, the automakers are rallying around the cause. While the cynical amongst you might suggest that their support indicates that the bill's riddled with loopholes, we couldn't possibly comment. Chrysler's (nee Toyota's) Jim Press had no such reluctance. He told MSNBC "We now know what the rules are of the game. [Translation: We manipulated the legislation as much as we could.] Each manufacturer now will be able to play its hand in its unique way. [We'll game the rules to the max.] We're in the best position to marry technology and not make people make sacrifices or compromises on the product they want. [We're going to continue to build huge trucks, CAFE be damned!]" Rick Wagoner responded with Generic Press Statement "We will focus our engineering and technical resources to attain these standards, and we remain hard at work applying the innovation and developing the advanced technologies that will power tomorrow's cars and trucks." Toyota's Jim Lentz just said they'll expand their range of hybrids. "We're a hybrid company." Uh huh. A hybrid company that makes a fortune off of gas-sucking trucks and SUVs. It's nice to know even as the rules change, it'll be business as usual.