> > Imagine a Google executive demanding a tax on software, or General Mills > asking for a tax on wheat. That's where we now are in the U.S. auto > industry, with Ford CEO Alan Mulally believing he has little choice but to > seek a tax on the very fuel that powers his products. > > Mr. Mulally was a guest recently at this newspaper's ECO:nomics conference > in Santa Barbara, where he outlined his efforts to revamp the struggling car > maker. He said one problem is that America didn't have an "integrated energy > policy." On the one hand, the government "regulated" smaller cars by > "mandating average fuel mileage improvements," but on the other hand "with > low fuel prices and low interest rates over the years, the U.S. consumers > have chosen generally larger vehicles." > > Mr. Mulally offered his own solution to the mismatch, artfully explaining > that we needed to "involve the consumer in our energy policy." In case > anyone missed his point, Michael Jackson, CEO of AutoNation, the largest > auto dealer in the country, was more explicit: "Mr. Mulally said it very > elegantly last night and I will say it more straightforward. We need more > expensive gasoline." > --http://online.wsj.com/article/SB123725594071950875.html -Lance
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