Gasoline Standards In 2025

Washington D.C.– The National Automobile Dealers Association (NADA) took issue with a letter sent to the White House yesterday by a group of former Republican public officials, including four former EPA administrators. In the letter, the group urged President Obama to set aggressive fuel economy and emission standards for model years 2017 to 2025. In response, NADA issued the following statement:

“Circumstances have changed since these former EPA officials were in office. We now have three different fuel economy rules with all of the confusion and problems associated with that. America’s new-car dealers question why the EPA and California need to be involved in setting national fuel economy policy, when Congress explicitly authorized NHTSA solely for that task. We need to return to a single national fuel economy rule. But beyond that the real question is whether—under the Administration’s plan—new-car and -truck shoppers will be able to afford the rising cost of vehicles or find affordable vehicles that meet their needs. According to a recent U.S. Energy Information Administration report, raising fuel economy standards by 6% annually will result in a 14% decrease in auto sales by 2025, and will regulate out of existence vehicles that today cost less than $15,000. These new rules, which the Administration is rushing out three years early, could easily wind up hurting, not helping consumers.”

The Auto Channel has written an editorial covering the situation.

Article source: http://www.nada.org/MediaCenter/