Our favorite GM executive Bob Lutz said yesterday that the new CAFE 35 regulations imposed by Congress last month would add $6,000 to the price of an average GM car by the end of the 2010.
“We’ve done even more research and it’s going to be in the range of $4,000 to $10,000 with an average of about $6,000,” Lutz said. “This is going to be a net average of cost of $6,000 per vehicle which will have...
Read Article