
Investing.com -- Major automakers have expressed support for the Environmental Protection Agency’s proposal to delay enforcement of vehicle air pollution regulations by two years, while urging the agency to quickly revise the rules.
The Alliance for Automotive Innovation, representing General Motors (NYSE:GM), Toyota Motor (TYO:7203), Volkswagen (ETR:VOWG), Ford (NYSE:F), Stellantis (NYSE:STLA), and Hyundai (KRX:005380), stated at a public hearing that the delay is necessary. The trade group called for "a reasonable, workable path forward."
The regulation in question requires significant reductions in air pollution from vehicles. Environmental groups have opposed the delay, arguing that it would result in increased preventable illness and premature deaths.
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