Monday, March 1, 2010

Future of the Auto Industry?




We can put a man on the moon, but the best we can do is 28-32 mpg. when it comes to automobiles. Are you kidding me? Is it any wonder that the auto industry is in huge financial trouble these days. Then I see that the Germans are close to putting out a VW that gets 258 mpg.. Their Volkswagen single seater car is supposedly ready to hit the market in Shanghai, China in 2010. The vehicle has gone from conception to production in only 3 years. It's being billed as the most economical car in the world, and will retail for $600 U.S. dollars. The vehicles fuel tank capacity is only 1.7 gallons and would get you 404 miles on a full tank. The car travels at a top speed of 74.6 mph., and the company's headquarters is in Hamburg, Germany. On a website I visited, it states that you could go to Shanghai on vacation, buy 2 of these cars for your wife and yourself, buy one for each of your kids, have them shipped home and still spend less money than if you bought a car at home. If this is for real, it really makes you wonder what we're doing over here. It could be bad news for "Big Oil".

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