Thursday, October 23, 2008

Quote of the Day, October 23rd, 2008

Mr. McCain’s $300 million “is small change in this business,” Mr. Cole added. “It’s not insignificant, but it’s the cost of a paint shop in an auto factory.”

-David Cole, chairman of the Center for Automotive Research in Michigan, on Senator John McCain's proposed $300 million prize for advanced batteries for electric and plug-in hybrid cars, the cornerstone of the Republican presidential candidate's "plan" to accelerate the development of a new generation of advanced, efficient America-made cars.

There's more on the two candidates proposals to help spur the next generation of the American automobile at the New York Times.

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