Electric cars are a sideshow. The real story is Ford's big bet on aluminum and other expensive design changes.
Jan. 22, 2014 7:19 p.m. ET
Detroit
At the dawn of 2014 the federal government has exited General Motors and Chrysler. Both companies have repaid their auto-bailout loans and Fiat is purchasing Chrysler outright. But federal carbon limits imposed on the auto industry in the depths of the Great Recession—when it was powerless to resist—will haunt manufacturers for years to come. The re-election of Barack Obama has cemented EPA fuel-efficiency regulations...
READ MORE: http://online.wsj.com/news/articles/SB10001424052702303465004579326332103414374?mod=WSJ_Opinion_LEFTTopOpinion
At the dawn of 2014 the federal government has exited General Motors and Chrysler. Both companies have repaid their auto-bailout loans and Fiat is purchasing Chrysler outright. But federal carbon limits imposed on the auto industry in the depths of the Great Recession—when it was powerless to resist—will haunt manufacturers for years to come. The re-election of Barack Obama has cemented EPA fuel-efficiency regulations...
READ MORE: http://online.wsj.com/news/articles/SB10001424052702303465004579326332103414374?mod=WSJ_Opinion_LEFTTopOpinion
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