Race Car Talk

In a surprise turnaround, General Motors CEO Rick Wagoner has suggested that an increase on federal fuel taxes in the U.S. was an idea “worthy of consideration”. Wagoner said that guaranteeing a minimum price of $4 a gallon on petrol, an idea proposed by AutoNation car dealership boss Michael Jackson, was a good way to help conserve energy and that it was “great” to see people finally discussing the option.

The auto industry, especially the Detroit 3, has vehemently opposed any hikes on federal fuel prices in the past, but with companies like GM finally focusing on building a new generation of fuel-efficient vehicles the game is starting to change.

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