(Reuters) - WASHINGTON, June 7 - Automakers reluctantly said
on Thursday they could live with a proposal in the U.S. House
of Representatives for stricter vehicle mileage standards even
though it would cause financial pain, while the industry's
major union fully endorsed it.
Dave McCurdy, president of the chief U.S. trade group for
the biggest American and overseas auto companies, told an
Energy and Commerce Committee hearing the proposed goals were
"extremely aggressive" and would be difficult to achieve.
Read more at Reuters.com Bonds News
on Thursday they could live with a proposal in the U.S. House
of Representatives for stricter vehicle mileage standards even
though it would cause financial pain, while the industry's
major union fully endorsed it.
Dave McCurdy, president of the chief U.S. trade group for
the biggest American and overseas auto companies, told an
Energy and Commerce Committee hearing the proposed goals were
"extremely aggressive" and would be difficult to achieve.
Read more at Reuters.com Bonds News
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