A trade group for automakers said on Tuesday it hopes to reach a deal with California and the Trump administration over vehicle fuel efficiency standards.
Mitch Bainwol, chief executive of the Alliance of Automobile Manufacturers, a trade group representing General Motors Co (GM.N), Toyota Motor Corp (7203.T), Volkswagen AG (VOWG_p.DE) and others, said at a forum ahead of the New York auto show that automakers were not seeking a rollback of existing standards.
“What we want is rational, predictable, stable policy," he said. Automakers hope "that over time responsible parties will come together and have an honest conversation about what the data is."
In March, President Donald Trump ordered a review of U.S. vehicle fuel-efficiency standards from 2022-2025 put in place by the Obama administration, saying they were too tough on the auto industry.
But California opposed weakening the rules, threatened to pursue tougher standards unilaterally and could mount a legal challenge. New York has also threatened a fight.
The White House plans to hold negotiations with car companies and California. A deal would remove uncertainty for automakers, who need years of lead time to engineer future models and want uniform rules across all 50 states.
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