FoMoCo and the General said today that they have no plans to match or compete with Chrysler’s offer to cap the cost of gas for its new Chrysler cars, pickups and SUV buyers.
Chrysler announced yesterday that it will offer a gas card to buyers of new and unused Chrysler models to immediately lower their gas price to $2.99 a gallon.
GM said that it will keep its focus on producing fuel-efficient cars since that is what the market is demanding. Ford spokesman Jim Cain said that FoMoCo is also concentrating on producing cars with better fuel-economy.
“We know that fuel economy is important to consumers,” he said. “It’ll be important whether gas is $2.99 a gallon or $4.99 a gallon.”
According to the Detroit News, based on the average price of $3.61 in Detroit as reported by AAA, someone who buys a 2008 Dodge Durango SUV with a 5.7 liter V8 will end up saving about $414 a year with Chrysler’s ‘Let’s Refuel America’ program.
Source: Detroit News
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