GM wants to drive green, but easy on the rules
Monday, 11 June 2007
DETROIT, Michigan, June 10, (AFP): General Motors Corp Chairman Richard Wagoner made a point of telling shareholders at the company's annual meeting that GM is serious about speeding up development of the new technology required to power the electrified Chevrolet Volt.
The very day after the shareholders' meeting Tuesday in Wilmington, Delaware, however, Wagoner was in Washington along with top executives from the Ford Motor Co. and Chrysler Corp., arguing GM and other automakers could meet the tougher new fuel economy standards pending in Congress.
"Frankly, it's time to move beyond exclusive reliance on historical regulatory approaches that clearly haven't solved these critical problems ... and move forward to embrace solutions that will yield the results that Americans expect and deserve," Wagoner said.
The appearance of Wagoner and counterparts Tom LaSorda of Chrysler and Alan Mulally of Ford drew a sharp riposte from environmental and consumer groups.
The very day after the shareholders' meeting Tuesday in Wilmington, Delaware, however, Wagoner was in Washington along with top executives from the Ford Motor Co. and Chrysler Corp., arguing GM and other automakers could meet the tougher new fuel economy standards pending in Congress.
"Frankly, it's time to move beyond exclusive reliance on historical regulatory approaches that clearly haven't solved these critical problems ... and move forward to embrace solutions that will yield the results that Americans expect and deserve," Wagoner said.
The appearance of Wagoner and counterparts Tom LaSorda of Chrysler and Alan Mulally of Ford drew a sharp riposte from environmental and consumer groups.