Well, well, well, even Goliath eventually caves in. After 25 years of stonewalling, automakers are embracing the inevitable.
The Association of International Automobile Manufacturers (AIAM), a trade association of 14 foreign automakers including Toyota, Honda and Nissan, sent a letter to House and Senate leaders calling on Congress to enact energy legislation this year that increases fuel economy standards.
The Association said that given the length of product development cycles typical of the industry, legislation that quickly and clearly defines new regulatory goals will create the least disruption for consumers as new generation, higher efficiency vehicles are designed, engineered and brought to market. Finalizing legislation this year will also help address climate change concerns and lessen U.S. reliance on petroleum.
Michael Stanton, AIAM President and CEO said, “AIAM member companies are technology leaders and are committed to producing cleaner, more fuel-efficient vehicles. We will continue to work closely with Members of Congress in the weeks ahead on legislation that provides auto manufacturers with sufficient lead-time to meet new, tougher standards. Our members lead the industry in building and selling fuel-efficient vehicles and we believe Congress should make clear that now is the time to set our sights on a more energy-efficient future.”
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