The Biden Administration Dropped the Hammer on Ford and GM

The Biden administration proposed new emission standards that would essentially force nearly 70 percent of the cars you can buy in just a few years to be all electric. GM, which is finally prospering under Mary Barra's leadership after filing for bankruptcy just 14 years ago will now be forced to stop selling cars that make money about 17 percent profit according to Mizuho. Former Ford CEO and CBC contributor Mark Fields: Will EVs ever be profitable for Ford, GM and others?