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Greene 14 (0:59)
Topic(s): Auto Industry / Car Culture / Efficiency
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Video Transcript
When I was on the National Academy committee looking at the
CAFE standards, we had an opportunity to go around the country
and talk to manufacturers in their headquarters and one
manufacturer in Detroit said just what you're saying, "We sell
the consumers what they want. The consumer is king. And if
consumers don't want fuel economy, we don't worry about fuel
economy." Another manufacturer in California said, "Well, we
know consumers are not interested in fuel economy, but we
think a good car should have good fuel economy, so we make
cars with better fuel economy." Completely different
philosophy of how to build cars and why you're in the business
of building cars. And by the way, the ones in California are
doing better than the ones in Detroit. So I think in the long
run, recognizing that at the time of purchase the consumer may
not be interested in fuel economy, but later on he will be, is
actually a wise strategy.
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April 2008
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