VWAGY - Ford Endorses Biden's Emission Rules Even As Republicans Oppose: Report | Benzinga
Ford Motor Co. (NYSE:F) has reportedly provided its support for the Biden administration’s initiative to significantly reduce vehicle emissions by 2032.
This stance directly opposes Republican claims that the new environmental regulations are detrimental to business, reported Reuters.
Ford, the second-largest automaker in the U.S., endorsed the Environmental Protection Agency’s (EPA) March announcement, which aims to decrease passenger vehicle emissions by nearly 50% by 2032 from 2027 levels.
The Dearborn-based company emphasized its commitment to long-term planning to comply with these stringent standards.
Former President Donald Trump, who is vying for a return to the White House, has pledged to overturn the Biden administration’s regulations.
Meanwhile, a coalition of ...