UPDATE: Auto Group Members Say Chief Lobbyist In DC Has Resigned
December 13 2010 - 6:59PM
Dow Jones News
The auto industry's chief lobbyist in Washington said Monday he
would resign, ending a nearly four-year tenure marked by a historic
landmark agreement on environmental standards and the industry's
near-collapse during the economic crisis.
Dave McCurdy, president and chief executive of the Alliance of
Automobile Manufacturers, said in a statement that he would
elaborate on his decision to leave in a news conference Wednesday.
The American Gas Association, representing gas utilities, said that
McCurdy is being considered to be its president once current
president David Parker departs at the end of the year.
McCurdy, a former Democratic congressman from Oklahoma who
previously was an electronic industries lobbyist, joined the auto
alliance in February 2007. The group represents Detroit auto makers
General Motors Co. (GM), Ford Motor Co. (F) and Chrysler Group LLC
as well as Toyota Motor Corp. (TM) and most other major foreign car
manufacturers.
McCurdy has been the auto makers' chief representative in talks
with lawmakers and White House officials on environmental, safety
and other policies affecting the industry. He was a leading figure
in talks last year that led to a deal among the industry,
California and the Obama administration that called for all new
cars and light trucks sold in the U.S. to average 35.5 miles per
gallon by 2016. The agreement, while representing a nearly 35%
increase over current standards, was praised by the industry
because it, at least temporarily, will forestall states such as
California from imposing a patchwork of individual state standards,
which the industry believes would be difficult to meet.
"I joined the industry to become an agent of change, and in my
first year, the Alliance stepped up and supported higher fuel
economy standards and new child safety legislation," said McCurdy.
"Each year thereafter, we continued to build upon those policy
successes."
McCurdy also presided at a time when the industry's influence in
Washington was weakened as GM, Chrysler and auto-parts suppliers
needed government bailouts from Washington to prevent an
industrywide collapse.
But the industry has resumed taking a more aggressive posture in
recent months. McCurdy's group has criticized proposed government
letter grades for cars based on environmental performance and is
opposing a proposed 62 mpg national average fuel economy for
2020.
-By Josh Mitchell, Dow Jones Newswires; 202-862-6637;
joshua.mitchell@dowjones.com
-Tennille Tracy contributed to this report.
Nissan Motor (PK) (USOTC:NSANY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Nissan Motor (PK) (USOTC:NSANY)
Historical Stock Chart
From Jul 2023 to Jul 2024