WASHINGTON, D.C. - January 23, 2020 (Investorideas.com Newswire) Consumer Reports today sent letters and a consumer petition to the leaders of General Motors, Toyota, Fiat Chrysler, Nissan, Subaru, Mazda, Hyundai, Kia, and Mitsubishi, calling on the companies to drop their legal attack against America's Clean Air Act, and instead support Clean Car standards that help drivers save money on fuel and reduce air pollution. 75,364 consumers signed the Consumer Reports petition demanding these actions from automakers.
A Consumer Reports (CR) analysis finds that a full rollback of America's Clean Car standards would increase the cost of owning a new vehicle by $3,300 by 2025, and cost American consumers about $460 billion in total. Even a partial rollback could add $2,100 in net costs per vehicle.
"If these companies are committed to a zero-emission future, they should support rules that have been proven to encourage technological innovation," said Shannon Baker-Branstetter, CR's Manager of Cars & Energy Policy. "Today's vehicles are safer, more reliable, and more efficient than at any point in history, thanks to the strong program in place today. The current rules and state authority help protect consumers and reduce pollution. Undoing the standards would threaten this progress and the future fuel savings for drivers."
Four major automakers - Ford, Honda, BMW, and Volkswagen - have agreed to a voluntary framework to continue making cars that produce less pollution and cost less to drive as well. These companies acknowledge that the technology to improve vehicle efficiency and reduce emissions already exists, and that automakers have a responsibility to deliver these improvements to customers.
A copy of the letter to automakers is attached to this email as a PDF. It can also be found at CR.org/advocacy.
Adam Z. Winer,
Communications, Transportation & Energy Policy
Consumer Reports is a nonprofit consumer membership organization that works side by side with consumers to create a fairer, safer, and healthier world. For 80 years CR has been providing evidence-based product testing and ratings, rigorous research, hard-hitting investigative journalism, public education, and steadfast policy action on behalf of consumer interests. For more information, go to CR.org/advocacy.
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com