Via AutoblogGreen...
Lutz says new CAFE standards will increase car price by $6k
"This is going to be a net average cost of $6,000 per vehicle, which will have to be passed onto the consumer."
Quote:
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Lutz said that the premium would actually range from $4,000 to $10,000, and that "it won't come all at once, because 35 mpg doesn't kick in all at once."
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Perhaps Lutz's plan is that with every Escalade sold, GM throws in five GM-badged
Tata Nanos ($10k for the lot, you see), to keep the company's total fleet average within the new limits.