In a letter to President Obama, SEMA strongly opposed tying vouchers to a scrappage program.
SEMA joined hundreds of companies and trade associations in sending a letter to President Obama on the critical need for affordable, private health care options within a voluntary employer-based system. Lawmakers in Congress will soon being drafting legislation intended to reform and expand the nation’s health care delivery system.
The National Highway Transportation Safety Administration (NHTSA) raised the Corporate Average Fuel Economy (CAFE) standards for Model Year 2011 vehicles by about 2 miles per gallon (mpg) above the 2010 standards. The NHTSA will use an attribute-based system which sets CAFE standards for individual fleets of vehicles based on size, taking into account the differences between cars and light trucks (SUVs, pickups and vans).
SEMA expresses continued commitment to work with President and Congress toward rebuilding U.S. auto industry, while continuing to oppose “cash for clunkers."
Law and Order is an update of some of the most recent federal and state legislative and regulatory issues that could potentially impact the automotive specialty-equipment industry. These include issues affecting small-business owners and their employees.
Earlier this year, SEMA launched the largest grassroots effort in its 46-year history to prevent inclusion of a national “Cash for Clunkers” program within the economic stimulus bill.
SEMA applauds efforts to stimulate new car sales, but continues to oppose tying vouchers to vehicle scrappage programs, known as "cash for clunkers."
Congressional lawmakers are once again considering legislation to create a nationwide "Cash for Clunkers" program. The latest bill (H.R. 1550) is entitled the “Consumer Assistance to Recycle and Save Act” (CARS Act) and was introduced on March 17 by Rep. Betty Sutton (D-Ohio).
The United States Treasury Department will provide auto suppliers with up to $5 billion in credit to help them continue operating while automakers restructure their businesses during a time of reduced sales. The program is limited to automakers that have received loans through the Treasury’s Troubled Assets Relief Program (TARP), currently General Motors and Chrysler and their direct suppliers.
Utah lawmakers (from left), Representative Ken Sumsion, Senator John Valentine, Representative Patrick Painter and Representative Neal Hendrickson give the thumbs up just minutes after the bill passed the legislature.