General Motors Statement Regarding Obama's National Fuel Economy Program

Statement of GM President And CEO Fritz Henderson

2009-05-18 -- "General Motors commends President Obama's leadership to establish a harmonized National Program to improve vehicle fuel economy and lower greenhouse gas emissions.

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Energy security and climate change are national priorities that require federal leadership and the President's direction makes sense for the country and the industry. Harmonizing a variety of regulations will benefit consumers across America by getting cleaner, more efficient vehicles on the road quicker and more affordably. In turn, GM and the auto industry benefit by having more consistency and certainty to guide our product plans.

GM is fully committed to this new approach. As the President has previously said, all stakeholders must come together and act with a common purpose and sense of urgency to address the nation's energy and environmental priorities. We agree and this collaborative spirit is reflected in our viability plan. Delivering innovation and solutions that will strengthen America's energy security, economy and competitiveness are a central part of GM's reinvention."

Source: GM