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[Famous Column]The Promises of the Big Three U.S. Automobile Companies Are Not Needed by the Public

belivian by belivian
January 21, 2023
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[Famous Column]The Promises of the Big Three U.S. Automobile Companies Are Not Needed by the Public
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[January 12, 2023](Written by English Epoch Times columnist Stephen Moore/Compiled by Ren Ji) I was born in a world where both parents are “the Greatest Generation” (the Greatest Generation, Note: Born in the early 20th century and 1920 The mid-1990s, the generation that grew up during World War II) grew up in families. They lived through the Great Depression (between 1929 and 1933) and took care of their families, before being plunged into the turmoil of war on December 7, 1941. My grandfather worked for the Department of the Army in Washington, D.C., and my father served in the Pacific Theater during World War II.

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Both my mother and father solemnly swore they would never buy a German or Japanese car as long as they lived.No matter how well they are made, they are the enemy, they are killing nearly half a millionUnited Statespeople people. period.

This value was passed on to me. In honor of my parents, I cannot in good conscience buy a Japanese or German car.

I kept thinking, after all these years, I might have to change my mind.often byUnited StatesTaxpayer-bailed U.S. auto companies have announced their intention to stop production and assembly in the next few yearsPetrol Enginecar. You know, the kind that Henry Ford started rolling off the assembly line at the Ford Motor Company in Detroit 100 years ago.

From now on, almost every car made in America will beelectric car. Perhaps the top executives of Michigan’s auto companies think this makes them good global citizens, all committed to fighting global warming. They may be making a political gamble that the federal government and more states will go the way of California and end up mandating that every car produced must be battery powered. And the guys at Ford and GM seem to be showing that they’re good guys.

It’s a free country if they want to roll millions off the assembly lineelectric carand only by them.

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But it’s one thing to make a car that appeals to members of the (environmental organization) Sierra Club, and quite another to make a car that the public wants. guess what? By now, most people have given EVs a thumbs-down gesture. (By the way, I’m personally skeptical of EVs. I’ve driventesla, they drive smoothly and are great vehicles. But they also have problems, such as being stranded in the wilderness without electricity).

So far, only about 6 percent of new cars sold are electric. Polls show that only about half of Americans prefer electric vehicles to conventional vehicles. Most people object to the government telling us what kind of car we can buy.

By the way, the one state that far outstrips the rest of the country in electric car sales (roughly 1 in 5 new cars are battery-powered) is California. But hey, Detroit says: Sorry, California is not America.

All of this suggests that there is a good chance that U.S. auto companies’ shift to EVs will fail. It might even be the worst failure for an American car company since Ford introduced the Edsel. (For young people, that’s an ugly 1950s car that no one wants to buy.)

At the same time, and this is a particularly sad part of the story, at least one company realizes the folly of only making electric cars. That company is the Japanese automaker Toyota. Akio Toyoda, president and grandson of the Japanese auto giant’s founder, will buck the trend.

“People who work in the auto industry are basically the silent majority,” Toyota told a news reporter recently. “This silent majority is wondering if EVs are really okay as a single option. But they think it’s the trend.” , so they can’t say it out loud.”

Toyoda went on to say, “I believe we need to be realistic about when society will be able to fully adopt electric vehicles,” explaining, “Frankly, BEVs (bare electric vehicles) are not the only way to achieve the world’s goal of carbon neutrality.” .”

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Akio Toyoda is right on all counts. There is little evidence that EVs reduce pollution levels any more than conventional cars, in part because batteries store most of the energy that comes from burning fossil fuels, and because battery production itself generates waste.

How is it possible for a Japanese CEO to know more about the tastes, preferences and buying habits of American car buyers than anyone at home? (Yes, I know Toyota has a lot of plants in the US.)

You’d think American automakers would understand the basic red, white, and blue reality that Americans have a special, time-honored love for their cars. They’re not going to trade their (Ford) Mustangs, (Chevrolet) Camaros, (GM) Cadillacs, and trucks for EVs. For many of us, it’s the equivalent of taking our firstborn.

Even sadder, the Japanese seem to understand American car buyers better than the executives in Detroit. When gasoline prices more than tripled in the 1970s, Honda and Toyota were the first to recognize the need for more fuel-efficient cars.

All of this means that if GM, Ford, and Chrysler accelerate their commitment to switch to 100% electric vehicles, I’ll have to break my long-standing promise to my parents to “buy American” and never buy Japan car. Corporate America will leave me with no choice. Sorry, it’s 2023, not 1923, when Henry Ford said you could have a Model T in any color you liked, as long as it was black.

By the way, when this “awakened” green energy boom fades into the sunset, the American auto companies will almost certainly see their market crash and they better not come back begging for another taxpayer bailout .

About the Author:

Stephen Moore is a senior fellow at the Heritage Foundation, chief economist at FreedomWorks, and co-founder of the Committee to Unleash Prosperity. He served as a senior economic adviser to Donald Trump. His new book is Govzilla: How the Relentless Growth of Government Is Impoverishing America.

original:US Big 3 Auto Companies Commit to Making Cars That People Don’t Want Published in English “The Epoch Times”.

The views expressed in this article are those of the author and do not necessarily reflect the position of The Epoch Times.

Responsible editor: Gao Jing#

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