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Trump Provides Relief To Auto Industry

Proposed federal rule change will freeze regulations and lower auto costs for US consumers.

The National Highway Traffic Safety Administration (NHTSA) released their SAFE Vehicles Rule this week that will impact the entire auto industry. They are relaxing stringent regulations which will have the effect of correcting the national automobile fuel economy as well as greenhouse gas emissions standards.

The U.S. Environmental Protection Agency (EPA) and U.S. Department of Transportation (DOT) sanction the NHTSA and believe this rule change is necessary to amend the Corporate Average Fuel Economy (CAFE) mandated by Congress. The proposed rule is the first step in creating 2021-2026 Model Year (MY) standards that automakers must follow to participate in the US market.

“We are delivering on President Trump’s promise to the American public that his administration would address and fix the current fuel economy and greenhouse gas emissions standards,” said EPA Acting Administrator Andrew Wheeler. “Our proposal aims to strike the right regulatory balance based on the most recent information and create a 50-state solution that will enable more Americans to afford newer, safer vehicles that pollute less. More realistic standards can save lives while continuing to improve the environment. We value the public’s input as we engage in this process in an open, transparent manner.”

“There are compelling reasons for a new rulemaking on fuel economy standards for 2021-2026,” said DOT Secretary Elaine L. Chao. “More realistic standards will promote a healthy economy by bringing newer, safer, cleaner and more fuel-efficient vehicles to U.S. roads and we look forward to receiving input from the public.”

The NHTSA believes that the new rules will result in fewer automotive fatalities, create a new 50-state fuel economy, establish new tailpipe carbon dioxide emissions standards, save the US consumer considerably in automobile costs, and prevent the addition of any further regulations until at least 2026. They are currently seeking public comment for further input on the rules before they are officially approved.

“We encourage car buyers to select vehicles that meet their individual lifestyle, budget and transportation needs with the added assurance that they are making an investment in safety,” said NHTSA Deputy Administrator Heidi King.

The Trump administration is intent upon removing unnecessary regulatory burdens to help all of those involved in the auto industry, a stark departure from his predecessor who pushed costly environmental mandates at the great expense of the taxpayer.

Written by Shane Trejo

Shane Trejo is a contributing editor to The Schpiel.

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