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Joined: 07-20-2020
Posts: 8,893
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A New Record High!By eric - December 22, 2023 Quote:When the federal government saves you money, get ready to pay through the nose for it.
As for example “record high” fuel economy, which the government takes credit for delivering unto us via regulations that the car companies must find ways to comply with.
And they do.
It’s why the average cost of a new car has gone up to just shy of $50,000 – an increase of about $15,000 vs. as recently as three years ago. The reason why has to do with what happened about three years ago:
Orange Man out. Biden Thing in.
The latter promised he’d save us gas money by making us pay more for cars that burn less (or even none). He never said the last part – about paying more for the cars – out loud. Instead, the Thing’s minions, such as EPA Administrator Michael Regan say “historic progress” has been made.
He refers to the 1.2 MPG uptick posted by new cars (on average) in 2022.
The bulk of this historic progress has been made by replacing less expensive but larger engines – such as V6 engines – with smaller, more expensive turbocharged four cylinder engines. And by pairing these with less reliable, more expensive to replace automatics transmissions with two and sometimes three overdrive gears. And by adding “technology” that shuts off the engine at every red light that adds expense in the form of shorter battery and starter motor life. '
The most progress of all, however, has been made by using the regs to stealth-force the mass-production of battery powered devices, which are credited (by the government) with being “zero emissions” vehicles and with delivering 2-3 times the MPG equivalent of the gas-burning cars the regs are stealth-forcing out of production.
For example, a battery powered device such as the 2023 Chevrolet Bolt is credited by the government with delivering “120 MPGe.” This being as oilily disingenuous as the government’s characterization of drugs that didn’t prevent people from becoming infected with (or infecting others with) COVID as “vaccines.”
More...
https://www.ericpetersautos.com/2023/12/22/a-new-record-high/
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