Yahoo Finance·2025-09-25 15:42Core Viewpoint - The Alliance for Automotive Innovation is urging the Trump administration to rescind GHG vehicle emissions limits, claiming that current regulations are unfeasible and could negatively impact the electric vehicle market share [1][2]. Group 1: Industry Concerns - The Alliance represents major automakers including General Motors, Toyota, Volkswagen, and Hyundai, and argues that the standards set under President Biden are not achievable due to market and infrastructure challenges [2]. - The group highlights that the expiration of the $7,500 EV tax credit on September 30 could lead to a decline in EV sales, along with potential loss of a $3,000 battery production tax credit for automakers [3][4]. Group 2: Regulatory Changes - The 2024 Biden rules aim to reduce passenger vehicle fleetwide tailpipe emissions by nearly 50% by 2032 compared to projected levels for 2027, with a forecast that 35% to 56% of new vehicles sold between 2030 and 2032 would need to be electric [3]. - The EPA has proposed rescinding the finding that greenhouse gas emissions endanger human health, which would eliminate the legal basis for current GHG regulations [4]. Group 3: Political and Environmental Response - Democrats in Congress and environmental groups are advocating for the retention of the current GHG rules, while automakers are calling for revisions to the Biden rules to ensure they are feasible [5]. - The Alliance emphasizes the need for a contingency plan if GHG standards are retained or reinstated [5].