Toyota President Jim Lentz Statement on the Energy Bill and the EPA Action on the...

Toyota President Jim Lentz Statement on the Energy Bill and the EPA Action on
the California Request for Waiver

WASHINGTON, Dec. 19 /PRNewswire/ -- Toyota strongly supports the Energy
Bill passed by Congress and signed into law today by the President, raising
national fuel economy standards to 35 miles per gallon -- a 40% increase by
2020.
We are actively developing strategies to meet those goals. It is
important that the U.S. EPA has further clarified that the federal government
is best suited to regulate fuel economy standards for the benefit of the
entire nation.
This national approach to a national challenge with global implications
sets a high bar, but is a clear and sensible goal from which all 50 states
will benefit.
This is going to be a very exciting race among automakers. All
manufacturers are poised on the starting line. There's no question the
competition will be fierce and the nation will be better for it.
Toyota's fundamental goal this year has been to get the CAFE legislation
passed before the end of the year. We congratulate the Congress, the
President and the Executive Branch for this historic move forward on fuel
economy and energy security.
To be attributed to Jim Lentz, President, Toyota Motor Sales, USA, Inc.
SOURCE Toyota

Martha Voss of Toyota +1-202-463-6834