Big Four Go to Washington
By Michelle Krebs March 13, 2007Top auto executives from General Motors, Ford, DaimlerChrysler and Toyota go to Washington, D.C. tomorrow to testify on proposed higher fuel-economy standards.
GM CEO Rick Wagoner, Ford CEO Alan Mulally, Chrysler CEO Tom LaSorda and Toyota Motor Sales President Jim Press are scheduled to appear before the House Energy and Commerce subcommittee on energy and air quality.
A number of proposals to address global warming through increased fuel-economy standards and stricter emissions regulations are on the table. Predictably, the automakers will argue tomorrow that any of them will cost their industry billions of dollars.
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