Wednesday, March 22, 2023

Nissan joins GM in exiting auto group backing Trump By Reuters


© Reuters. FILE PHOTO: FILE PHOTO: The brand logo of Nissan Motor Corp. is displayed during a press preview of the company’s new Ariya all-battery SUV in Yokohama

By David Shepardson

WASHINGTON (Reuters) – Japanese automaker Nissan (OTC:) Motor Co said on Friday it was joining General Motors (NYSE:) in exiting a group of automakers that had backed U.S. President Donald Trump in his bid to prevent California from imposing its own vehicle emissions rules.

Last week, GM reversed course in the ongoing court fight, winning praise from Democratic President-elect Joe Biden. In October 2019, GM joined Toyota Motor (NYSE:) Corp, Fiat Chrysler Automobiles NV, Nissan and other automakers supporting Trump effort’s to bar California from setting its own fuel-efficiency rules, or zero-emission requirements, for vehicles.

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