Sen. Ted Cruz postpones hearing after auto execs snub his invite [Yahoo! Finance]
Stellantis N.V. Common Shares (STLA)
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Source: Yahoo! Finance
However, committee chairman Senator Ted Cruz (R-Texas) spent the last week feuding with at least one of the CEOs, and it now appears the hearing has been postponed. The Senate Committee on Commerce, Science, and Transportation had scheduled a hearing for January 14 to discuss how car regulations intended to combat climate change have increased the cost of vehicles for U.S. car buyers. $3.6 billion (through the third quarter) $5.1 billion $4.7 billion $2.2 billion But that isn't how Senator Cruz framed the hearing. "This hearing will examine how radical global warming regulations and mandated technologies have driven up the cost of vehicles for American consumers," the webpage for the hearing explains. The committee points out that the average new car cost $20,356 in 2000; by 2010, that number had only risen to $24,296. By 2020, the average new vehicle transaction price had doubled, and the committee blames onerous emissions and technology standards for the rapid incre
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STLA
Sec Filings
- 1/14/26 - Form 6-K
- 12/1/25 - Form 6-K
- 10/30/25 - Form 6-K
- STLA's page on the SEC website