NFC Re: Say goodbye to your SUV's : BO just made them extinct
From: Rick (Forza355verizon.net)
Date: Tue, 19 May 2009 16:30:31 -0700 (PDT)

----- Original Message ----- From: "Steve Cook" <stevec [at] cheatcodes.com>
To: "Rick" <Forza355 [at] verizon.net>; <scook [at] gear21.com>
Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
Sent: Tuesday, May 19, 2009 7:22 PM
Subject: RE: [Ferrari] Say goodbye to your SUV's : BO just made them extinct


Wow - nothing says "f-you!" like handing car companies billions in one
fist and f''ing them with the other!

-steve
===================

Get ready to buy a TATA or another coffin car whether you want to or not. NOw that Barack Motors ( BM ) is going to dictate what we can / cant buy , rather than the free market place determining it like we used to have in a Free Capitalistic Country.

-------
GM bankruptcy plan eyes quick sale to gov't
Tue May 19, 2009 2:02pm EDT
NEW YORK, May 19 (Reuters) - General Motors Corp's (GM.N) plan for a bankruptcy filing involves a quick sale of the company's healthy assets to a new company initially owned by the U.S. government, a source familiar with the situation said on Tuesday.

The source, who would not be named because he was not cleared to speak with the media, did not specify a purchase price. The new company is expected to honor the claims of secured lenders, possibly in full, according to the source.


http://www.reuters.com/article/mergersNews/idUSN1943363120090519

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-----Original Message-----
From: Rick [mailto:Forza355 [at] verizon.net]
Sent: Tuesday, May 19, 2009 5:03 PM
To: scook [at] gear21.com
Cc: The FerrariList
Subject: [Ferrari] Say goodbye to your SUV's : BO just made them extinct

No dout banning  7 series BMW's and  large Benz & lexus imports is next.
Coffin cars  with 2 stroke Brings & Stratton engines are coming your way
in 4 years.Imagine what penalties we criminals that drive gas guzzling
sports cars will face under the BO gestapo soon.


http://apnews.myway.com/article/20090519/D989J3F00.html

DETROIT (AP) - Some soccer moms will have to give up hulking SUVs.
Carpenters will still haul materials around in pickup trucks, but they
will cost more. Nearly everybody else will drive smaller cars, and more
of them will run on electricity. The higher mileage and emissions
standards set by the Obama administration on Tuesday, which begin to
take effect in 2012 and are to be achieved by 2016, will transform the
American car and truck fleet.
The new rules would bring new cars and trucks sold in the United States
to an average of 35.5 miles per gallon, about 10 mpg more than today's
standards. Passenger cars will be required to get 39 mpg, light trucks
30 mpg.

That means cars and trucks on American roads will have to become
smaller, lighter and more efficient.

Eric Fedewa, vice president of global powertrain forecasting for the
auto consulting firm CSM Worldwide in Northville, Mich., said the
changes will make pickup trucks so much more expensive that they will be
used almost exclusively for work.

And instead of a minivan or SUV, more parents will haul their families
in much smaller vehicles with three rows of seats - something more like
the Mazda 5 small van, he said. The Mazda 5 gets about 28 mpg on the
highway.

"I think what you'll see is a lot more creativity in interior
packaging," Fedewa said. "You'll get more rows of seats where you
traditionally had cargo space."

Already on Tuesday, some drivers were skeptical. Dixie Bishop, who runs
a plumbing business in San Antonio that uses vans, worries the new
requirements will drive up her costs at a time when customers are
cutting back on repairs.

"Are they going to take my horsepower down?" she asked. "I have to be
able to carry old water heaters and toilets. It's not beneficial for me
to haul one water heater at a time. We need the power to pull these
heavy items."

The changes will start with smaller cars and trucks, and improvements to
the internal combustion engine, Fedewa said. Automakers also already
working on new technology, including direct fuel injection and high
compression of the air-fuel mixture, that will make cars and trucks more
efficient.

Car companies are rewiring vehicles so components such as air
conditioners and power steering pumps are powered by electricity rather
than by the engine, saving fuel.

And they're developing computer-controlled transmissions with six or
more gears, adding efficiency, and rolling out more gas-electric hybrids
- among the few cars sold today that meet the 2016 standards.

Of course, developing the technology will cost money - billions of
dollars - and automakers will pass that on to their customers.

The Obama administration says the changes mean the average vehicle would
cost about $1,300 more, although some private analysts say the increase
will be much heftier. The administration says gas savings will make up
the difference in about three years.

Automakers have said they need stable, relatively high gasoline prices
to create a market for electric vehicles. General Motors fears rolling
out its rechargeable Chevrolet Volt next year with gas at $2 per gallon.


American consumers have already shown their car-buying habits can change
rapidly depending on gas prices. When fuel cost $4 a gallon last summer,
people flocked to smaller cars. Gas is much cheaper now, and sales of
hybrids have plummeted.

"The U.S. consumer has consistently chosen performance over fuel economy
given the relatively low cost of fuel," David Leiker, senior automotive
analyst for Robert W. Baird & Co. in Milwaukee, wrote in a note to
investors.

The Volt is designed to run 40 miles on battery power when it is fully
charged. After that, a small internal combustion engine kicks in to
generate electricity and keep the car going. Other automakers are
working on similar systems.

But the Volt is expected to sell for $35,000 to $40,000, and buyers may
be unwilling to pay that much for a sedan, even if tax credits help ease
the burden, unless gas prices soar.

Rechargeable electric vehicles, which under government calculations
could get 100 mpg or more, will help automakers meet the standards and
offset sales of larger, less-efficient models.

Under Obama's plan, the sale of of electric vehicles and plug-in hybrids
could also generate "super credits" that would count as more than one
vehicle when an automaker determines its average fuel economy and
emissions figures.

The new rules cause manufacturers "to accelerate their technology plans,
probably a little more aggressively than they originally thought," said
Tony Posawatz, who heads development of the Volt's technology. "For us,
we feel comfortable that we've got choices."

Just a few years ago, GM and other auto executives were doubtful they
could meet even less stringent standards, but Posawatz said the
technology has changed since then, especially with new lithium-ion
batteries.

GM also is looking at electric trucks, which may bring them even closer
to the goals, he said.

Earlier this year, Toyota said it planned to launch as many as 10 new
hybrid models worldwide by early 2010, and it plans to bring a new
version of the Prius to the U.S. in the coming weeks. Honda's new
Insight hybrid is already on sale in the U.S. Mazda, meanwhile, has said
it plans to focus less on hybrid vehicles and more on improvements to
its basic internal combustion engine.
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