Cleaner Cars, Stronger Companies: Auto Emission Standards Must Aid Detroit and the Environment
By Jake Caldwell
The forthcoming sale of DaimlerChrysler’s Chrysler automaker unit and the Supreme Court ruling earlier this week requiring the Environmental Protection Agency to police auto emission standards are sure to roil The Big Three Detroit car manufacturers. Both developments are yet another indication that U.S. automakers need to shift swiftly from a business model based on churning out big gas-guzzlers to one that is at once more technologically competitive, environmentally friendly, and in tune with our nation's energy security requirements.
Because of the business and financial structure of the U.S. auto industry, however, this transformation will not be easy. That’s why Congress has a key role to play, helping the Big Three retool their assembly lines, design shops, and employee benefits packages to regain their competitive edge.