Log In | Register
— The CEOs of Detroit's three automakers — Ford Motor Co.'s Alan Mulally, General Motors Corp.'s Rick Wagoner and Chrysler LLC's Robert Nardelli — are saving their companies more than $15,000 by driving to Washington, D.C., rather than flying by corporate jet:
COST OF DRIVING: Roughly $102.50 round-trip, including gasoline and tolls. It's roughly 1,050 miles, and at 34 miles per gallon for Wagoner's Chevrolet Malibu hybrid, it will use roughly 31 gallons. So gasoline will cost about $66 at the national average of $2.14 per gallon of regular. Tolls for the Ohio and Pennsylvania turnpikes will be around $36.50.
COST OF CORPORATE JET: It's difficult to determine how much the automakers would pay to fly on their own jets, but it would cost $15,730 to fly from Detroit to Washington on a chartered jet, according to Oakland Air, a corporate jet service in Waterford Township, Mich., near Pontiac. The figure includes flying a Cessna Citation from Detroit to Washington on Wednesday, flying the crew back to Detroit, and returning to pick up the executives for the return trip on Friday. That was the lowest-cost option from the air carrier.
