National Press Release

ARLINGTON, Va., June 30 /PRNewswire-USNewswire/ -- The following statement was issued by the Association of International Automobile Manufacturers, Inc. (AIAM) on behalf of its President and CEO, Michael J. Stanton, regarding the EPA's California waiver decision as reported in media coverage today:

"AIAM and its member companies have long supported a single, national program to improve fuel economy and reduce greenhouse gas (GHG) emissions. Consequently, we were pleased with the President's recent announcement that the State of California, the Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) reached an agreement with the auto industry on the basic parameters of a national program extending through model year 2016.

"In light of this agreement, AIAM anticipated that EPA would grant the waiver. We are now focused on working with California, EPA and NHTSA to finalize the operational details of this harmonized program and to continue meeting aggressive goals for cleaner, more fuel-efficient vehicles."

About AIAM - The Association of International Automobile Manufacturers, Inc. (AIAM) is a trade association representing 13 international motor vehicle manufacturers who account for 40 percent of all passenger cars and light trucks sold annually in the United States. AIAM provides members with information, analysis and advocacy on a wide variety of legislative and regulatory issues impacting the auto sector. The Association is dedicated to the promotion of free trade and to policies that enhance motor vehicle safety and the protection of the environment. Member companies include Aston Martin, Ferrari, Maserati, Honda, Hyundai, Isuzu, Kia, Mitsubishi, Nissan, Peugeot, Subaru, Suzuki and Toyota. For more information, visit our website at www.aiam.org.

SOURCE Association of International Automobile Manufacturers