TV News LIES

Wednesday, Aug 24th

Last update05:20:13 AM GMT

You are here News Energy The 65 mpg Ford the U.S. Can't Have

The 65 mpg Ford the U.S. Can't Have

E-mail Print PDF

If ever there was a car made for the times, this would seem to be it: a sporty subcompact that seats five, offers a navigation system, and gets a whopping 65 miles to the gallon. Oh yes, and the car is made by Ford Motor, known widely for lumbering gas hogs.

Ford's 2009 Fiesta ECOnetic goes on sale in November. But here's the catch: Despite the car's potential to transform Ford's image and help it compete with Toyota Motor (TM) and Honda Motor (HMC) in its home market, the company will sell the little fuel sipper only in Europe. "We know it's an awesome vehicle," says Ford America President Mark Fields. "But there are business reasons why we can't sell it in the U.S."

The main one: The Fiesta ECOnetic runs on diesel.

TOO PRICEY TO IMPORT

First of all, the engines are built in Britain, so labor costs are high. Plus the pound remains stronger than the greenback. At prevailing exchange rates, the Fiesta ECOnetic would sell for about $25,700 in the U.S. By contrast, the Prius typically goes for about $24,000. A $1,300 tax deduction available to buyers of new diesel cars could bring the price of the Fiesta to around $24,400. But Ford doesn't believe it could charge enough to make money on an imported ECOnetic. 

More...


Most Recent Related Stories...


A Plane Just Flew Around The World Without A Single Drop Of Fuel

Plane without fuel goes around the worldMore than a year after it first took to the skies, a solar-powered plane has completed...

Nuclear reactor at Indian Point plant in N.Y. shut down again after leak found

Indian Point reactor leakOne of two reactor units at a nuclear power plant near New York City has been...

Knife Attack In Japan Leaves At Least 19 Dead, Local Media Report

Japan knife attackNineteen people were feared dead and 45 injured after an attack by a knife-wielding man at...

North Dakota rig count up more than 10 percent

N Dakota rigging up ten percentNorth Dakota saw the number of rigs actively exploring for or producing oil and gas increase...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!