Charlie Gasparino, CNBC, subs on the John Batchelor radio show

Charlie Gasparino, CNBC, subs on the John Batchelor radio show

What is the future of the auto industry?

Will the Chinese have manufacturing in the United States?

Most car companies manufacture in the United States and that helps their currency hedging.

China has:

1. cheap labr

2. socialized healthcare

3. and their currency is hard pegged to the United States

Will Chrysler manufacture in the United States, and why?

Second segment:

Alternative fuels – do they work?

Wouldn’t it be in the auto companies best economic sense to make alternative fuels if they could?

We talk about what we were doing during the oil crisis: I worked at Chevron, Charlie pumped gasoline.

In the ’70s Brazil went to ethanol and they are completely off the dependence of foreign oil.

Where are we with hydrogen, lithium-ion batteries.

How long will we have gasoline vehicles?

What is the difference between the plug-in Prius and the Chevy Volt?

How will people be able to afford new cars?

About the Author:

Lou Ann Hammond is the CEO of Carlist and Driving the Nation. She is the co-host of Real Wheels Washington Post carchat every Friday morning and is the Automotive, energy correspondent for The John Batchelor Show and a Contributor to Automotive Electronics magazine headquartered in Korea. Hammond is a member of the North American Car and Truck of the Year (NACTOY), Women's World Car of the Year (WWCOTY), and the Concept Car of the Year.