WEBVTT - 12-9-25 Scott Sloan Show 0:00:00.160 --> 0:00:02.320 Do you want to be an American idio. 0:00:03.320 --> 0:00:06.400 We got pulled back on seven hundred wlw welcome to it. 0:00:08.200 --> 0:00:10.479 We'll jump right in with stuff because there's stuff. You know, 0:00:10.520 --> 0:00:14.880 we got stuff. Trump administration has decided to ease the 0:00:14.960 --> 0:00:17.759 fuel economy standards known as a cafe standards for vehicles, 0:00:17.760 --> 0:00:20.960 so roll back. Under Biden they required a two percent 0:00:21.000 --> 0:00:25.000 annual efficiency and improvement, so two percent annually they'd have 0:00:25.040 --> 0:00:28.680 to make better better fiel ecmomies, I guess the new 0:00:28.680 --> 0:00:31.080 proposal cuts us back to a half a percent, and 0:00:31.200 --> 0:00:34.000 they're also rolling back the telpipe emission standards. So the 0:00:34.080 --> 0:00:36.680 question is what does this mean overall for the car 0:00:36.800 --> 0:00:40.760 industry Because cars we've hit American and consumers said we're 0:00:40.800 --> 0:00:43.080 not paying more for cars. We have had a breaking 0:00:43.120 --> 0:00:45.360 point in the costing new automobiles. What does that do 0:00:45.440 --> 0:00:49.400 for us? Brian Moody is the executive Adam Kelly Bluebook 0:00:49.520 --> 0:00:50.360 and Auto Trader. 0:00:50.360 --> 0:00:51.320 Welcome Brian hy Ben. 0:00:52.200 --> 0:00:55.560 Yeah, thanks, you're right. That does change things a little bit, 0:00:55.640 --> 0:00:58.160 but I think it could be for the good, even 0:00:58.200 --> 0:01:00.600 though temporarily the headlines are going to be bad. 0:01:01.440 --> 0:01:03.520 Yeah, I think in the long term it seems good. 0:01:04.240 --> 0:01:07.040 You know, we have this quest to try and lower 0:01:07.080 --> 0:01:10.680 efficiency set you know, increase efficiency and how many more 0:01:10.720 --> 0:01:13.800 miles you would drive per gallon tank. And we know 0:01:13.840 --> 0:01:16.319 there's environmental impact there, and that's all well and good, 0:01:16.400 --> 0:01:19.440 but it feels like the screws have really been put 0:01:19.520 --> 0:01:21.959 to the auto industry itself and saying, Okay, there's a 0:01:22.000 --> 0:01:24.680 reasonable bound here, but we'ren't in the point of absurdity, 0:01:24.680 --> 0:01:25.040 aren't we? 0:01:26.080 --> 0:01:26.280 Right? 0:01:26.400 --> 0:01:29.680 I agree, it turns out the government is a terrible automaker, 0:01:30.880 --> 0:01:34.240 and not just ours, but as across the world. If 0:01:34.280 --> 0:01:36.959 you look in Europe, for example, it was government that 0:01:37.000 --> 0:01:40.920 incentivized diesel to the point where that became the dominant 0:01:40.959 --> 0:01:43.480 fuel type across Europle. It turns out that's not good 0:01:43.520 --> 0:01:46.480 for you. So when government is in the position of 0:01:46.560 --> 0:01:49.639 building consumer products, that's not great. And when it comes 0:01:49.640 --> 0:01:53.680 to regulation, I don't think people understand that. They understand 0:01:53.680 --> 0:01:56.800 that the better shoe economy is good on one sense, 0:01:56.800 --> 0:01:59.639 so I think we all understand that. But what people 0:01:59.680 --> 0:02:05.480 don't understand is the regulation which leads to needs compliance, 0:02:05.640 --> 0:02:10.079 which costs money, which adds complexity, which adds weight, takes 0:02:10.080 --> 0:02:14.600 away certain things from consumers such as reliability, low cost, 0:02:15.400 --> 0:02:20.200 and the lightweight of the car, which could be a 0:02:20.240 --> 0:02:23.600 safety feature. I guess, for lack of a. 0:02:23.560 --> 0:02:26.639 Better word, yeah, understand those masks. But the fact of 0:02:26.680 --> 0:02:30.360 the matter is we, as American consumers, have an insatiable 0:02:30.360 --> 0:02:34.080 demand for trucks and SUVs that's at odds with these 0:02:34.240 --> 0:02:37.560 outdated standards or two aggressive standards I guess under the 0:02:37.560 --> 0:02:38.320 by administration. 0:02:39.720 --> 0:02:43.720 Yes, And here's the thing about trucks and SUVs. You 0:02:43.760 --> 0:02:46.720 could argue, well, are people buying those because they need 0:02:46.720 --> 0:02:48.760 it or because it's what they want? I don't really know. 0:02:49.520 --> 0:02:53.720 Consumer choice always benefits the consumer. But here's a great 0:02:53.760 --> 0:02:58.440 example of how trucks can become more efficient while also 0:02:58.600 --> 0:03:02.480 serving the consumer's need. For example, there's a Ford pickup 0:03:02.560 --> 0:03:05.280 right now called the Ford Maverick. It's a small pickup truck. 0:03:05.800 --> 0:03:07.800 Well that hasn't been around for very long. Of course, 0:03:07.800 --> 0:03:10.919 the name goes way back to the seventies, but the 0:03:10.960 --> 0:03:14.720 actual vehicle that we have now, the Ford Maverick small pickup, 0:03:15.000 --> 0:03:17.360 has only been around for a few years. When they 0:03:17.440 --> 0:03:20.440 first introduced that, they couldn't make enough of those to 0:03:20.520 --> 0:03:24.080 keep up with demand. So that shows that consumers want 0:03:24.160 --> 0:03:27.359 something that makes sense. It's up to automakers to meet 0:03:27.360 --> 0:03:30.519 them where they are and give them the range, the price, 0:03:30.600 --> 0:03:32.880 the value and reliability they expect. 0:03:33.040 --> 0:03:35.080 I thought I had rare or heard that they Maverick. 0:03:35.120 --> 0:03:38.400 The Ford Maverick is just basically what it's replacing, the 0:03:38.400 --> 0:03:39.120 Ford Escape. 0:03:41.080 --> 0:03:41.360 Yeah. 0:03:41.440 --> 0:03:43.840 I mean, the Ford Escape is a small SUV and 0:03:43.880 --> 0:03:46.480 we may end up seeing hybrid or plug in hybrid 0:03:46.600 --> 0:03:49.280 versions of that in the near future. The thing with 0:03:49.360 --> 0:03:53.000 the Maverick that was so I guess telling is that 0:03:53.120 --> 0:03:56.120 it doesn't have a big V eight, It isn't oversized, 0:03:56.200 --> 0:03:58.880 it doesn't cost sixty thousand dollars, it doesn't even cost 0:03:58.920 --> 0:04:03.560 fifty thousand dollars. It's low price. It has some nice features, 0:04:03.960 --> 0:04:08.520 but it arguably has much less capability than say a 0:04:08.720 --> 0:04:12.440 Ford F two fifty, which is probably a special thing 0:04:12.920 --> 0:04:15.720 that some people do need. But the Maverick is a 0:04:15.720 --> 0:04:17.880 great example, and I bet you you'll see others when 0:04:17.880 --> 0:04:21.240 it comes to hybrids and electric cars, more right sized 0:04:21.279 --> 0:04:23.640 solutions for what Americans want today. 0:04:23.760 --> 0:04:26.000 Yeah, I mean, you've seen the small pig and I 0:04:26.040 --> 0:04:27.800 guess I don't know what you categorize, but the small 0:04:27.800 --> 0:04:30.200 pickup truck you geep has a model It's like every 0:04:30.240 --> 0:04:34.080 manufacturer's rolling out a small pickup truck because they pick 0:04:34.160 --> 0:04:35.400 up truck aesthetic. 0:04:35.960 --> 0:04:39.440 Right, Like there's a Hyundai Santa Cruz. You know what 0:04:39.480 --> 0:04:42.919 these cars all remind me of. It's almost like everything 0:04:42.960 --> 0:04:46.039 that's everything that's new, or everything that's old is new again. 0:04:46.800 --> 0:04:49.320 These small pickups like the Hyundai Santa Cruz and the 0:04:49.360 --> 0:04:51.359 Fort Maverick and some of the ones that you mentioned, 0:04:51.640 --> 0:04:53.360 what they kind of remind me of a a Chevy 0:04:53.360 --> 0:04:58.160 al Camino. It's small car based, right, not the Jeep, 0:04:58.240 --> 0:05:01.440 but the other ones are car based, fuel economy, and 0:05:01.480 --> 0:05:04.919 it occasionally helps you do some utility tasks that you 0:05:05.200 --> 0:05:07.599 might need or might not need. But meanwhile, you can 0:05:07.680 --> 0:05:09.200 drive it around every day comfortably. 0:05:09.880 --> 0:05:13.000 It can't be long before bring the station wagon back. 0:05:14.960 --> 0:05:15.920 You think that's gonna happen. 0:05:17.000 --> 0:05:19.200 I'm hoping because here's what I have noticed, and I'm 0:05:19.360 --> 0:05:23.479 this is only anecdotal. My own kids, who recently became 0:05:23.560 --> 0:05:27.599 driving age, have said nobody wants those big SUVs because 0:05:27.600 --> 0:05:30.000 it's too hard to judge where you are and when 0:05:30.000 --> 0:05:33.400 you're learning how to drive. They both kids said they 0:05:33.440 --> 0:05:39.600 prefer a small sedan or a hatchback. Well, SUVs replaced 0:05:39.640 --> 0:05:41.719 all those cars. So what's going to happen when these 0:05:41.760 --> 0:05:44.640 younger people move into the place where they're like, I 0:05:44.640 --> 0:05:47.919 don't want SUVs. They don't want SUV's because why we 0:05:47.960 --> 0:05:50.359 didn't want station wagons. That's what my mom drives. 0:05:50.480 --> 0:05:54.400 Yeah, yeah, yeah, And eventually we'll come back like trucker 0:05:54.400 --> 0:05:55.400 hats and fanny packs. 0:05:56.120 --> 0:05:57.279 He's Brian Moody. 0:05:57.480 --> 0:06:01.240 He's the executive editor of Auto Trader and Kelly Bluebook, 0:06:01.320 --> 0:06:05.520 talking about Trump's and the Trump administrations cut on cafe standards, 0:06:05.520 --> 0:06:08.320 which environmentals are mashing their teeth over. But I think 0:06:08.360 --> 0:06:10.320 it's a good business simply because it's so hard for 0:06:10.360 --> 0:06:13.559 Detroit or all automaticers of American automakers, for manner doesn't 0:06:13.560 --> 0:06:15.839 have to be Detroit to try and keep up with 0:06:15.880 --> 0:06:18.560 that kind of stuff, And it totally does not mesh 0:06:18.600 --> 0:06:21.520 with what consumers demand, which are more trucks and SUVs 0:06:21.560 --> 0:06:24.920 and even smaller pickup trucks and SUVs for that matter too. 0:06:24.960 --> 0:06:26.480 We also have to talk about evs. 0:06:27.160 --> 0:06:29.279 I was blown away when I traveled this summer to 0:06:29.360 --> 0:06:33.120 Australia the number of Chinese evs that are on the 0:06:33.160 --> 0:06:36.400 market as Uber's there, and I thought the fit and 0:06:36.440 --> 0:06:39.479 finish looked pretty good in most cases. Sometimes maybe not 0:06:39.560 --> 0:06:42.120 so much. But how much a threat is that to 0:06:42.200 --> 0:06:42.880 our market here? 0:06:44.040 --> 0:06:47.760 It's a big threat. That's how economic weapons work. I mean, 0:06:48.800 --> 0:06:52.120 they use their advantage to drive the price down, and 0:06:52.400 --> 0:06:55.359 they have working conditions and things in other parts of 0:06:55.400 --> 0:06:58.760 the world we wouldn't have here, But in other parts 0:06:58.800 --> 0:07:01.240 of the world they don't go by those same rules. 0:07:01.920 --> 0:07:04.400 Undercut the price of what's there and introduce it to 0:07:04.440 --> 0:07:06.960 a market, and then you can drive the other people 0:07:07.000 --> 0:07:11.240 out of business. That's called an economic weapon. The idea 0:07:11.480 --> 0:07:15.119 that people would want these cars is not surprising because 0:07:15.120 --> 0:07:17.640 they're good, but there has to be some kind of 0:07:17.680 --> 0:07:20.920 protection all over the world, not just in the US, 0:07:20.960 --> 0:07:23.480 to make sure that it's living up to the standards 0:07:23.520 --> 0:07:27.040 that we all hold amongst ourselves in terms of where 0:07:27.040 --> 0:07:29.400 are the materials come from, how is it built, and 0:07:29.800 --> 0:07:32.200 who's building it well. 0:07:31.960 --> 0:07:35.760 As we relax cafe standards for internal combusting engines. It 0:07:35.760 --> 0:07:37.520 looks like to me, and again it's a brief sample. 0:07:37.560 --> 0:07:40.560 You tell me, Brian, the global market continues to prioritize 0:07:40.560 --> 0:07:43.120 electrifications that kind of put us at a disadvantage in 0:07:43.160 --> 0:07:45.080 the next I don't know, within the next ten. 0:07:45.040 --> 0:07:50.640 Years, maybe, But here's the thing. More realistic goals would 0:07:50.640 --> 0:07:54.600 be helpful. No one's going No one's arguing that, you know, oh, 0:07:54.680 --> 0:07:56.880 electric cars are going to go away. That's not true. 0:07:57.360 --> 0:08:00.880 I think if most people, the average American, if they 0:08:00.880 --> 0:08:03.200 were to drive an electric car, they would like it. 0:08:03.920 --> 0:08:04.200 Now. 0:08:04.600 --> 0:08:07.240 That means there's other things that have to be solved, though. 0:08:07.280 --> 0:08:09.520 What about the price? What about this durability? What about 0:08:09.520 --> 0:08:12.480 the resale value? What about where I charge it up? 0:08:12.760 --> 0:08:15.000 It's perfect for people to have their own home, because 0:08:15.000 --> 0:08:17.600 that's about eighty percent of people that have electric cars 0:08:17.920 --> 0:08:20.680 charge them up at home. What about everybody else? It's 0:08:20.720 --> 0:08:23.600 not the car that's necessarily the issue. It's a lot 0:08:23.600 --> 0:08:25.240 of other things that go into it. 0:08:25.320 --> 0:08:28.080 Yeah, if I live in a metro city like Cincinnati 0:08:28.240 --> 0:08:30.960 and I don't have a garage, I don't have access 0:08:31.000 --> 0:08:33.440 to that. How do I charge my electric vehicle? I 0:08:33.520 --> 0:08:36.400 need a traditional internal combustion engine at least, So we 0:08:36.440 --> 0:08:38.920 solve that. But again, the market will decide. 0:08:38.640 --> 0:08:42.920 That, right, the market should always decide these things. One 0:08:43.000 --> 0:08:45.960 thing that's a misnomer that I've heard often with electric 0:08:46.000 --> 0:08:50.839 cars is there's an argument that presumes that people who 0:08:51.280 --> 0:08:56.320 live in apartments or in mixed use housing. Let's say 0:08:56.840 --> 0:08:59.360 they don't want electric cars because they're too expensive, and 0:08:59.400 --> 0:09:01.560 the reason I think in an apartment is because that's 0:09:01.559 --> 0:09:05.480 what they can afford. That's not true. There's many, many 0:09:05.520 --> 0:09:09.280 people in many cities across the country that choose to 0:09:09.360 --> 0:09:13.640 live in apartments, townhouses, or condos because that's what suits 0:09:13.679 --> 0:09:16.880 their lifestyle best. Not everyone wants to mow yard on 0:09:16.920 --> 0:09:20.319 a Saturday. Not everybody wants that. They just want come home. 0:09:20.720 --> 0:09:22.880 I have a place to go. It's all taken care of. 0:09:23.360 --> 0:09:25.520 And that's the thing that we need to solve next 0:09:25.520 --> 0:09:28.120 for how do you charge those things up? Also, there's 0:09:28.200 --> 0:09:31.120 just a mechanism of how long it takes to charge. 0:09:31.280 --> 0:09:34.240 If you need ten gas pumps, you probably need thirty 0:09:34.360 --> 0:09:38.400 charging stations based on the duration of time it takes 0:09:38.720 --> 0:09:41.120 to quote fill up your tank with an electric car. 0:09:41.280 --> 0:09:41.880 Yeah, it makes sense. 0:09:41.880 --> 0:09:44.640 I mean, if you drive several hundred miles, for example, 0:09:44.679 --> 0:09:46.200 you road trip it, you're going to have to plan 0:09:46.280 --> 0:09:48.160 out how long and where you stop. It's going to 0:09:48.160 --> 0:09:50.280 take more time to get from point A to point 0:09:50.320 --> 0:09:53.679 B driving a electric you can do much more on 0:09:53.720 --> 0:09:56.360 a hybrid, which seems to also have fallen off the savors, 0:09:56.440 --> 0:09:58.679 And I mean my son has a hybrid, he's had 0:09:58.679 --> 0:09:59.160 one for years. 0:09:59.160 --> 0:09:59.520 He loves it. 0:09:59.520 --> 0:10:01.440 He's gotting like ninety nine miles of the gallon and 0:10:01.480 --> 0:10:05.040 when it's not charged, the internal combustion engine kicks in. 0:10:05.080 --> 0:10:06.880 It seems like a fair trade. Why did that follow 0:10:06.920 --> 0:10:07.679 a favor. 0:10:08.559 --> 0:10:11.480 Well, because I think a lot of it is marketing. 0:10:12.120 --> 0:10:14.200 I think a lot of it is headline grabbing. But 0:10:14.240 --> 0:10:16.199 I think twenty twenty six will be the year of 0:10:16.240 --> 0:10:19.040 the hybrid. I really do think that people have kind 0:10:19.040 --> 0:10:23.040 of come to terms with the taxpayer funded incentive for 0:10:23.240 --> 0:10:27.280 EVS is gone. So the cars at current state are 0:10:27.800 --> 0:10:31.959 relatively expensive, about fifty eight thousand dollars on average. Hybrids 0:10:32.000 --> 0:10:34.840 are much more affordable, and you have brands like Toyota 0:10:34.880 --> 0:10:37.880 that are moving to almost all hybrids. All of their 0:10:37.920 --> 0:10:41.640 cars either can be had as hybrids or in some 0:10:41.720 --> 0:10:46.480 cases like the Sienna and the Camera and the Crown, 0:10:46.760 --> 0:10:49.400 that's the only way it comes. So we're moving to 0:10:49.440 --> 0:10:51.320 a point when you look at Twita like as a 0:10:51.400 --> 0:10:54.160 leader in this area, right, they're moving to a point 0:10:54.160 --> 0:10:56.520 where it's not a choice about getting a hybrid, it's 0:10:56.559 --> 0:10:59.080 just going to come that way. And the way they 0:10:59.160 --> 0:11:02.920 operate is normal for the most part, they've changed. Listen, 0:11:03.080 --> 0:11:04.800 anybody out there who's thought, oh, I was going to 0:11:04.800 --> 0:11:07.320 get a hybrid fifteen years ago, but they're terrible to drive, 0:11:07.559 --> 0:11:09.760 You've got to drive one. Today, they're much much better. 0:11:10.160 --> 0:11:13.160 Yeah, technology improves, I mean in mevs. I drove up 0:11:13.240 --> 0:11:16.800 Tesla a few years ago and it was an incredible experience. 0:11:16.840 --> 0:11:19.160 You know, you're driving a computer, self driving computer for 0:11:19.200 --> 0:11:21.280 that matter. That technology is only going to get better. 0:11:21.320 --> 0:11:23.959 But I still think we I think hybrid bridge is 0:11:23.960 --> 0:11:26.120 a gap for a long time to comes. Brian Moody 0:11:26.480 --> 0:11:30.320 over Kelly Bluebook and Auto Trader talking about Trump relaxing 0:11:30.360 --> 0:11:34.080 the cafe standards, which is great for manufacturers. It's also 0:11:34.360 --> 0:11:36.320 great for consumers as well. Are we going to see 0:11:36.360 --> 0:11:38.520 prices level off, if not drop because of this? 0:11:40.000 --> 0:11:40.440 We may. 0:11:40.720 --> 0:11:43.920 But here's the thing about any kind of those predictions. 0:11:44.240 --> 0:11:48.960 The cycle where automakers plan and develop and research vehicles 0:11:49.520 --> 0:11:51.880 is much longer than a year or two. It's more 0:11:52.040 --> 0:11:56.760 like six to eight years. So the few economy standards 0:11:56.760 --> 0:11:59.200 that we have now, yeah, there's a few things they 0:11:59.240 --> 0:12:02.480 can do in the short term, but planning long term planning, 0:12:02.840 --> 0:12:06.640 and this is probably a point where what President Trump 0:12:06.679 --> 0:12:09.880 has done might be a disadvantage because the back and 0:12:09.920 --> 0:12:13.080 forth can be hard on the automaker being able to 0:12:13.160 --> 0:12:16.920 plan out their product portfolio long term. So it would 0:12:16.960 --> 0:12:19.560 be better to have a middle ground and just say, hey, 0:12:19.840 --> 0:12:22.200 we all agree, let's just keep it this way for 0:12:22.240 --> 0:12:24.560 the next twelve years. That would be better than up 0:12:24.600 --> 0:12:26.040 and down in the short term. 0:12:26.160 --> 0:12:28.800 I guess get more granular here, Brian. What's the actual 0:12:28.800 --> 0:12:31.959 production cost difference between meeting the old two percent standard 0:12:32.000 --> 0:12:34.400 versus the half a percent standard per vehicle? 0:12:34.440 --> 0:12:36.120 How much does that shave off a car? Any idea. 0:12:37.640 --> 0:12:39.439 I don't know how much it shaves off a car 0:12:39.520 --> 0:12:41.880 in terms of production, but I know that it does 0:12:42.000 --> 0:12:45.120 reduce the cost of building cars in terms of compliance. 0:12:45.559 --> 0:12:47.959 For example, I spoke to this is. This is some 0:12:48.000 --> 0:12:51.800 time ago. I spoke to an executive at the company Renault, 0:12:51.840 --> 0:12:55.400 which is a French company, and one of the reasons 0:12:55.400 --> 0:12:58.560 they stopped making one of their cars with a certain 0:12:58.600 --> 0:13:02.240 powertrain I think it was a D power you know, subcompact. 0:13:02.640 --> 0:13:05.000 They said, we can't make money on this car because 0:13:05.160 --> 0:13:09.360 thirty percent of the cost is compliant. So anytime you 0:13:09.520 --> 0:13:14.040 hear an additional piece of equipment being added or standards 0:13:14.080 --> 0:13:17.559 being changed. There's a cost for compliance, there's a cost 0:13:17.679 --> 0:13:21.240 for testing in addition to the actual production of the 0:13:21.320 --> 0:13:26.559 car let alone, whether or not you decrease driveability or reliability. 0:13:26.960 --> 0:13:29.240 Okay, that's what we'll set that aside. That's an interesting 0:13:29.600 --> 0:13:32.880 perspective from them too. But the other element here too is, okay, 0:13:32.880 --> 0:13:35.600 we don't have the EV incentives anymore, so, you know, 0:13:35.600 --> 0:13:38.440 on no more ballouts for EV and relaxed standards. What 0:13:38.520 --> 0:13:41.440 happens with market share relative to EV since not hybrids 0:13:41.440 --> 0:13:43.600 but just electric vehicles over the next let's say, five 0:13:43.640 --> 0:13:44.400 to eight years. 0:13:45.400 --> 0:13:47.480 I think they're going to level off at a certain 0:13:47.480 --> 0:13:49.200 there's there's going to be a point where it's going 0:13:49.240 --> 0:13:52.600 to feel comfortable as part of the market, maybe ten percent, 0:13:52.679 --> 0:13:57.160 let's say. However, I think that the elimination of the rebates, 0:13:57.160 --> 0:14:01.240 the taxpayer funded incentives for electric I think that's going 0:14:01.320 --> 0:14:03.600 to be good for electric cars in the long run. 0:14:04.520 --> 0:14:07.480 What about the some costs that all automakers have gotten 0:14:07.480 --> 0:14:09.480 into with evs, and now that we're backing off of that, 0:14:09.720 --> 0:14:11.840 what happens with that? 0:14:11.840 --> 0:14:14.320 That's hard. They're going to have to make some adjustments 0:14:14.400 --> 0:14:19.000 and we already see companies like Volvo, for example, maybe 0:14:19.080 --> 0:14:21.520 walking it back a little bit, and rather than saying, hey, 0:14:21.560 --> 0:14:25.040 we're going to force an ideological solution onto the consumers, 0:14:25.480 --> 0:14:29.000 they have recently said we're going to let consumer demand 0:14:29.160 --> 0:14:33.960 dictate what we do, so full electric by a certain time. Okay, maybe, 0:14:34.120 --> 0:14:36.840 but they're not going to artificially set those times. They're 0:14:36.840 --> 0:14:39.440 going to let, like you had said before, let the 0:14:39.480 --> 0:14:42.480 markets aside. That's always going to work out best for 0:14:42.880 --> 0:14:45.920 the company and for the consumer, because what do we pick. 0:14:46.040 --> 0:14:48.480 We all picked the thing that we like best that 0:14:48.520 --> 0:14:49.240 we can afford. 0:14:49.520 --> 0:14:53.160 Okay, But then, logically speaking, three years from now, let's 0:14:53.200 --> 0:14:55.600 say a Democrat gets elected. Does this all get wiped 0:14:55.640 --> 0:14:57.160 out and we start over again? And how do you 0:14:57.200 --> 0:14:59.720 plan that far ahead, if at all. If you're an 0:14:59.720 --> 0:15:02.560 autom manufacturer or a hell a car dealer. 0:15:03.240 --> 0:15:06.680 That's a risk. I mean, that's definitely a risk. And 0:15:06.760 --> 0:15:09.000 some could argue that's a weak point in the system, 0:15:09.040 --> 0:15:14.480 that it's too prone to partisan back and forth. It 0:15:14.520 --> 0:15:18.440 would be better to have a middle ground that just says, hey, 0:15:18.600 --> 0:15:21.680 here's a good number for a fuel economy. Let's all agree. 0:15:21.760 --> 0:15:25.760 Let's have like a cross party committee that can just 0:15:25.840 --> 0:15:28.320 agree that this is a number and not politicize it. 0:15:28.400 --> 0:15:32.320 Because most cars today, like the average car, you can 0:15:32.360 --> 0:15:35.320 get a car that's gackling only not a hybrid that 0:15:35.440 --> 0:15:37.520 can get forty miles per gallon on the highway. 0:15:37.760 --> 0:15:42.440 That was unheard of twenty years ago, right because of well, 0:15:42.600 --> 0:15:45.440 how much of that is innovation and how much of 0:15:45.440 --> 0:15:47.800 that is government in that Hey, as soon as gas 0:15:47.840 --> 0:15:50.240 prices go up, people start selling their evs and big 0:15:50.440 --> 0:15:51.920 cars and get more fuel efficient things. 0:15:51.920 --> 0:15:54.680 We have another oil prices. Everyone wants an EV or 0:15:54.680 --> 0:15:56.320 something that's going to get more miles to down. The 0:15:56.360 --> 0:15:58.600 minute it starts to go back down, we go back, 0:15:58.880 --> 0:16:02.320 whipsaw back to the other things. And that's again that's 0:16:02.320 --> 0:16:04.640 a consumer demand in the thickleness that we have there. 0:16:04.680 --> 0:16:08.880 But I think it's valid, right, But consumers don't want 0:16:08.880 --> 0:16:12.000 a twelve mile per gallant car and a generation of 0:16:12.120 --> 0:16:16.640 go or less that was not an unusual thing. Today. 0:16:17.000 --> 0:16:20.880 People expect their car to get reasonable fuel economy, add 0:16:20.960 --> 0:16:23.440 hybrid to it, and like you said, I personally drove 0:16:23.960 --> 0:16:26.760 a plug in hybrid for three months. This won't happen 0:16:26.800 --> 0:16:29.200 to be a Volvo. I'm got seventy five to eighty 0:16:29.240 --> 0:16:32.000 miles per gallon plugging it in every day. So I 0:16:32.080 --> 0:16:36.480 know that's possible, and I think what happens is the 0:16:36.520 --> 0:16:41.440 fuel economy adds convenience. You now have cars, especially hybrids, 0:16:41.640 --> 0:16:44.560 with a driving range of five or six hundred miles. 0:16:44.920 --> 0:16:48.040 That is a lifestyle changer. When I hear people with 0:16:48.120 --> 0:16:51.360 electric cars or who are electric car proponents say, well, 0:16:51.400 --> 0:16:53.320 on a long trip, it only takes an extra forty 0:16:53.360 --> 0:16:56.040 five minutes to charge up. That's true, it does only 0:16:56.120 --> 0:16:58.400 take an extra forty five minutes to charge up. But 0:16:58.480 --> 0:17:02.000 that sounds like someone who doesn't have toddlers. 0:17:02.520 --> 0:17:05.960 Yeah, right, exactly, and we'll leave it at that again. 0:17:06.040 --> 0:17:08.359 Brian Moody Kelly Bluebook and the Auto Trader, he's the 0:17:08.400 --> 0:17:12.720 executive editor there. So I think this is a great thing, 0:17:12.800 --> 0:17:15.000 quite honestly, is getting a little bit more common sense 0:17:15.080 --> 0:17:18.080 back in. Manufacturers will thus still be incentive for them 0:17:18.119 --> 0:17:21.880 to reduce an increase fuel efficiency in the future. It's 0:17:21.880 --> 0:17:23.720 not like simply it's going to go well twelve miles 0:17:23.720 --> 0:17:25.800 a gal, and we won't stand for that anymore. It's 0:17:25.800 --> 0:17:28.119 all about consumer demand, not what the government wants. And 0:17:28.160 --> 0:17:29.359 this one makes sense to me, Brian. 0:17:29.400 --> 0:17:32.000 All the best. Thanks for jumping on this morning. Thank 0:17:32.080 --> 0:17:33.680 you appreciate. We've got some weather. 0:17:33.480 --> 0:17:36.800 Moving in y'all over the next well all the way 0:17:36.800 --> 0:17:38.800 through the weekend almost to Friday as well. We'll full 0:17:38.880 --> 0:17:42.440 update their traffic just ahead someday, guys. I love the 0:17:42.480 --> 0:17:45.159 new cafe standards under President Trump. Something I do not 0:17:45.400 --> 0:17:48.840 like what he's doing with farms. We'll get into that 0:17:48.920 --> 0:17:54.919 just ahead here Sloaney seven hundred WLW Scott slowing back 0:17:54.960 --> 0:17:59.040 on seven hundred WLWT. Enjoyable day off yesterday. 0:17:59.400 --> 0:18:00.280 Good. 0:18:02.760 --> 0:18:02.879 So. 0:18:03.080 --> 0:18:05.240 I was just talking to Brian Moody from Kelly Bluebook 0:18:05.960 --> 0:18:09.080 about lower mission standards helping the auto industry, and I 0:18:09.080 --> 0:18:11.239 think that's a smart move, quite honestly, because you know, 0:18:11.280 --> 0:18:15.480 you get these environmentalist policies in place that simply ignore 0:18:15.520 --> 0:18:18.000 consumer demand sentiment, and the fact of the matter is 0:18:18.040 --> 0:18:21.040 we are going to be relying upon fossil fuels for 0:18:21.080 --> 0:18:23.080 the rest of our lives and probably at least another 0:18:23.119 --> 0:18:27.000 couple generations beyond. Doesn't mean we shouldn't take the environment seriously, 0:18:27.680 --> 0:18:30.920 but it always struck me as silly as to hold 0:18:30.960 --> 0:18:34.720 us to these high demanding standards when the rest of 0:18:34.720 --> 0:18:38.159 the world, developing nations and in particular, our frenemies in China, 0:18:38.200 --> 0:18:41.680 Indian elsewhere are allowed to pollute the environment with impunity. 0:18:41.680 --> 0:18:44.560 It doesn't mean you know that we can't do better, 0:18:45.000 --> 0:18:47.840 but it seems rather silly since you can't hold them 0:18:47.880 --> 0:18:50.119 to the same high standards you're putting yourself under. And 0:18:50.119 --> 0:18:52.840 new hamsterring American industry and progress and everything else. And 0:18:52.880 --> 0:18:56.520 so one may also ask how real is that threat? 0:18:56.880 --> 0:18:59.200 To some degree, you know, there's a lot of younger people, 0:18:59.280 --> 0:19:01.320 especially environm mental types, I think the world is going 0:19:01.359 --> 0:19:05.920 to end next Tuesday. We heard that same cry when 0:19:05.960 --> 0:19:08.800 it came to the hole in the ozone layer. Hell 0:19:08.920 --> 0:19:11.840 songs are written about it, right and now we're learning, hey, 0:19:11.880 --> 0:19:15.440 it fixed itself. I'm not suggesting that that's entirely possible 0:19:15.440 --> 0:19:19.040 with this climate emergency that we're in. At the same time, 0:19:19.080 --> 0:19:20.920 I look at it reasonably and go, Okay, there's only 0:19:20.960 --> 0:19:23.000 so much we can do right now. You're not going 0:19:23.040 --> 0:19:25.840 to be able to overdo it overnight. The result is 0:19:25.840 --> 0:19:27.480 is it really making all that much an impact to 0:19:27.480 --> 0:19:30.840 begin with? When you look at the amount of energy 0:19:31.000 --> 0:19:34.160 and environmental harm producing batteries at the rate we're doing 0:19:34.240 --> 0:19:36.080 right now. So I think that's all going to be 0:19:36.080 --> 0:19:38.159 factored in as well. So yeah, I agree with easing 0:19:38.240 --> 0:19:41.720 up on a car manufacturers for sure. I think that's 0:19:41.720 --> 0:19:44.040 a good idea. Something I'm not too happy with, though, 0:19:45.119 --> 0:19:50.840 is what's happening when it comes to more bailouts. You know, Socialism, 0:19:51.000 --> 0:19:53.399 I guess is in the eye of the beholding party, 0:19:54.760 --> 0:19:57.960 because if you're a Republican and a Democrat does it, 0:19:57.960 --> 0:20:01.240 it's socialism. When a Republican does it, it's something else. 0:20:02.520 --> 0:20:04.480 It's kind of like that old adage of difference. But 0:20:04.640 --> 0:20:07.280 what's the difference between a terrorist and a patriot depending 0:20:07.320 --> 0:20:12.360 on who is doing the terrorizing. So for farm bills 0:20:12.359 --> 0:20:15.080 in Terwmers, in case you haven't heard this, we're about 0:20:15.119 --> 0:20:18.959 to give eleven billion dollars to our farmers and probably 0:20:19.000 --> 0:20:21.520 a number of them listening at anyone stretched to my 0:20:21.560 --> 0:20:25.200 show right now. And it's not a me against farmers thing. Obviously, 0:20:25.240 --> 0:20:27.639