Originally Posted By: kschachn
How do they stand to gain millions by meeting CAFE standards? I realize they stand to lose millions in lost sales (due to penalties) if they don't, but how do they stand to gain?
If anything I think they are losing money due to CAFE. Or more accurately, the customers are losing money.
Originally Posted By: KCJeep
I believe it. Manufacturers stand to gain millions through CAFE, and all they really care is that the engine won't grenade until it's out of warranty.
Auto makers who beat their CAFE target can sell credits to other auto makers. IIRC Toyota made a ton of money a couple years ago doing just that, something on the order of $100 Million.
How do they stand to gain millions by meeting CAFE standards? I realize they stand to lose millions in lost sales (due to penalties) if they don't, but how do they stand to gain?
If anything I think they are losing money due to CAFE. Or more accurately, the customers are losing money.
Originally Posted By: KCJeep
I believe it. Manufacturers stand to gain millions through CAFE, and all they really care is that the engine won't grenade until it's out of warranty.
Auto makers who beat their CAFE target can sell credits to other auto makers. IIRC Toyota made a ton of money a couple years ago doing just that, something on the order of $100 Million.