Detroit looking at GOP to help slow or stop fuel efficiency

How do these companies even find enough money to lobby? Maybe now might be a good time to invest in modern technology and quality instead of moving backwards. Bloomberg:

General Motors Co., Ford Motor Co. and Chrysler Group LLC may get relief from regulations such as higher fuel-economy standards as Michigan Republicans seek posts leading two U.S. House committees.

Representative Fred Upton of Kalamazoo is among candidates to become chairman of the House Energy and Commerce Committee, which oversees legislation on vehicle-safety and emissions, and Republican David Camp from Midland is in line to head the House Ways and Means Committee, which sets policy on tax issues.

“The election was a piece of luck for Detroit,” Sean McAlinden, chief economist at the Center for Automotive Research in Ann Arbor, Michigan, said in an interview. “When they needed a Democrat to bail them out with a bankruptcy, they got Obama. Now they need Republicans to fight these fuel mandates, and maybe even slow them down.”

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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