As the WSJ reports, the president refuses to consider a bailout for the struggling auto industry and recommends they make more relevant products - by which we can only assume he means more fuel-efficienct or alternative energy driven cars and trucks.

Sage advice from a president who has yet to take any real steps in raising fuel economy standards for cars and trucks and who has campaigned for more domestic oil production as a way of ending America’s foreign oil dependence. You’ll excuse GM, Ford and the American public if they think they are getting mixed messages from their president.

The New York Times in a blistering indictment of Ford and GM’s business strategy says the US auto industry has to develop flexible fuel vehicles if it is going to compete in a global marketplace that looks set to be driven by high oil prices for years to come.

Here’s an interesting piece on green advertising or greenwashing (depending on your point of view) from the International Herald Tribune (courtesy of RAN’s blog).

Under particular scrutiny for overstating its green credentials: Ford and BP.