"All these electric cars - who's going to buy them?"

"Do not as a parent go out and buy them a car for their exclusive use," he said.

Ford was also known to make inexpensive cars and people who wanted a more luxurious car bought other brands.

But when all the factories crank out more cars than people can buy, down come car prices.

"They are the ones deciding what car to buy and what life insurance."

The self-proclaimed car fanatic has bought about 25 cars at auction in the last four years.

Japan has argued that it would be impossible for the Government to tell consumers what cars to buy.

A rich man's car too--even in these days one could buy a modest house for its price.

In other words, for instance, they would only be paid if the new car bought met certain emissions standards.

However, he also wants the flexibility to make the choice of which car to buy.