Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Manufacturer 84 at 0%
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Weather Man" data-source="post: 16423573" data-attributes="member: 137766"><p><span style="font-size: 22px"><strong>Auto group backs Trump in effort to weaken fuel efficiency rules</strong></span></p><p>May 22, 2020 6:54 PM ET|About: <a href="https://seekingalpha.com/symbol/GM" target="_blank">General Motors Company (GM)</a>|By: <a href="https://seekingalpha.com/author/sa-editor-carl-surran" target="_blank">Carl Surran</a>, SA News Editor</p><p></p><p></p><p>A automaker trade group representing General Motors (NYSE:<a href="https://seekingalpha.com/symbol/GM" target="_blank">GM</a>), Fiat Chrysler (NYSE:<a href="https://seekingalpha.com/symbol/FCAU" target="_blank">FCAU</a>), Toyota (NYSE:<a href="https://seekingalpha.com/symbol/TM" target="_blank">TM</a>) and others has intervened in litigation on behalf of the Trump administration, backing the decision to <a href="https://www.reuters.com/article/us-usa-autos-fuelefficiency/automaker-trade-backs-u-s-on-effort-to-weaken-fuel-efficiency-rules-idUSKBN22Y2N8" target="_blank">weaken Obama-era fuel efficiency standards</a>.</p><p></p><p>The Trump administration issued final rules in March requiring 1.5% annual increases in efficiency through 2026 - far weaker than the 5% raises in the discarded Obama-era rules - but abandoned its earlier proposal to freeze requirements at 2020 levels through 2026, a stance the Alliance for Automotive Innovation says properly balances improvement in fuel economy and greenhouse gas emissions performance.</p><p></p><p>The group opposes a legal challenge from the Competitive Enterprise Institute, which wants a federal appeals court to order the administration to reconsider its plan, saying it should have further reduced or frozen the requirements.</p><p></p><p>Five automakers including Ford (NYSE:<a href="https://seekingalpha.com/symbol/F" target="_blank">F</a>) and Volkswagen (<a href="https://seekingalpha.com/symbol/VWAGY" target="_blank">OTCPK:VWAGY</a>) that announced separate agreements with California on fuel economy standards in 2019 are not participating in the legal intervention.</p></blockquote><p></p>
[QUOTE="Weather Man, post: 16423573, member: 137766"] [size=6][b]Auto group backs Trump in effort to weaken fuel efficiency rules[/b][/size] May 22, 2020 6:54 PM ET|About: [URL='https://seekingalpha.com/symbol/GM']General Motors Company (GM)[/URL]|By: [URL='https://seekingalpha.com/author/sa-editor-carl-surran']Carl Surran[/URL], SA News Editor A automaker trade group representing General Motors (NYSE:[URL='https://seekingalpha.com/symbol/GM']GM[/URL]), Fiat Chrysler (NYSE:[URL='https://seekingalpha.com/symbol/FCAU']FCAU[/URL]), Toyota (NYSE:[URL='https://seekingalpha.com/symbol/TM']TM[/URL]) and others has intervened in litigation on behalf of the Trump administration, backing the decision to [URL='https://www.reuters.com/article/us-usa-autos-fuelefficiency/automaker-trade-backs-u-s-on-effort-to-weaken-fuel-efficiency-rules-idUSKBN22Y2N8']weaken Obama-era fuel efficiency standards[/URL]. The Trump administration issued final rules in March requiring 1.5% annual increases in efficiency through 2026 - far weaker than the 5% raises in the discarded Obama-era rules - but abandoned its earlier proposal to freeze requirements at 2020 levels through 2026, a stance the Alliance for Automotive Innovation says properly balances improvement in fuel economy and greenhouse gas emissions performance. The group opposes a legal challenge from the Competitive Enterprise Institute, which wants a federal appeals court to order the administration to reconsider its plan, saying it should have further reduced or frozen the requirements. Five automakers including Ford (NYSE:[URL='https://seekingalpha.com/symbol/F']F[/URL]) and Volkswagen ([URL='https://seekingalpha.com/symbol/VWAGY']OTCPK:VWAGY[/URL]) that announced separate agreements with California on fuel economy standards in 2019 are not participating in the legal intervention. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Manufacturer 84 at 0%
Top