U.S. auto suppliers oppose setting gas-powered phaseout date David Shepardson ,
By David Shepardson
WASHINGTON (Reuters) - A group representing auto suppliers will tell U.S. lawmakers on Tuesday it opposes setting a firm date to end the sale of new gasoline-powered passenger cars and expects those vehicles will be sold for at least another 20 years.
The Motor & Equipment Manufacturers Association (MEMA), which represents more than 1,000 vehicle suppliers, will tell a Senate Commerce subcommittee on transportation that the Biden administration should continue to set regulatory requirements that ensure suppliers keep working to improve internal combustion engines.
Ann Wilson, MEMA s senior vice president of government affairs, will tell the panel that new gasoline-powered vehicles will likely be on the road for an additional 20 years.
U S auto suppliers oppose setting gas-powered phaseout date
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U S auto suppliers oppose setting gas-powered phaseout date
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Consumer durable firms face fresh challenges in 2nd Covid wave
April 26, 2021
Consumer sentiment is also subdued. If the current conditions prevail, there could be shortages of cooling products in the coming weeks. We are hoping demand revives in May
Consumer sentiment is also subdued. If the current conditions prevail, there could be shortages of cooling products in the coming weeks. We are hoping demand revives in May×
Mounting Covid-19 cases, lack of enough manpower and ban on use of oxygen for industrial use besides local restrictions in certain States, has adversely impacted production of several consumer durable companies, especially in the cooling products segments.