GM’s Vice Chairman made a bold statement saying that the US Government should slowly increase tax on gasoline prices to force US Consumers into smaller and more efficient cars. “I’d say the best thing the (U.S.) government can do is to raise the gas tax by 10 or 15 cents a year until it reaches European levels,” Mr. Lutz told the Wall Street Journal at the Paris Motor Show.
In Europe people buy $30,000 Golfs,” Lutz said. “People are willing to pay lots of money for extremely well equipped, fuel-efficient cars.”
Source: Leftlane News via WSJ
[tags]Cars, Car, Auto, Automobile, Vehicles, Technology, Auto News, GM, Hybrids, News, Fuel, Gas, Gas Prices[/tags]