Word: carlies
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...autumn to encourage banks to start lending again. To further help the dealers, the Fed eased the eligibility requirements so that inventory financing (and there's plenty of inventory to finance) now qualifies as an "asset" that can be packaged into a security just like a mortgage or a car loan...
...auto firms are getting into the "green" car business at just the wrong time, which is consistent with the rest of their behavior over the last four decades. Oil prices are moving back toward $30 and many economists believe this that will be the new normal. China and India have cut imported oil as their economies slow. Americans would rather ride bikes that drive cars...
...When Americans do look at a new car, their vision is likely to be short-sighted. Gasoline is back under $1.70 and if oil moves down further prices will fall more. If a hybrid runs $5,000 more than a traditional gas car, who is going to pay that difference to save the environment. No one, particularly when the cost of filling up is down by more than half what is was last summer. Who cares what happens...
...green car revolution was based on the premise that the average man could help the Amazon rain forests and save money on driving at the same time...
...average because it prioritizes speed over energy savings.“The system minimizes delays but raises energy consumption,” the Sunday Times wrote.However, Hölzle’s post on the Google blog argued that the search engine decreases the “reliance on car trips, pulp and paper” because, before the Internet, “answering a query meant traveling to the reference desk of your local library.” Hölzle added that “the average car driven for one kilometer (0.6 miles for those...