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Stock impact report

Trump’s EPA officially starts the fight to lower vehicle emissions standards [The Verge]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: The Verge
The agency hasn’t suggested new standards yet — it’s just saying the current ones are too high The Environmental Protection Agency is calling for a reduction of greenhouse gas emissions standards for model year 2022-2025 cars and light trucks. The agency said today that the standards — which were put in place by the Obama administration in 2012 — are “not appropriate and should be revised.” The move brings to bear a fight that has been brewing since the earliest days of the Trump administration, when the president called the regulations “out of control” at a meeting with executives of the big three automakers . The agency cited a recent drop in oil prices and the subsequent decline in the sale of smaller vehicles in favor of crossovers such as SUVs as some of the main reasons it believes the current standards are unreasonable. The EPA will now work with the National Highway Traffic Safety Administration to develop new standards, which will then have to be proposed and subj Show less Read more
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