Thursday, June 21, 2007

Senate close to deal on auto fuel efficiency

(Reuters) - Negotiators haggled over final details of an agreement based on a bi-partisan proposal that still left automakers and their allies in Congress dissatisfied, according to lawmakers familiar with the talks.




Struggling General Motors Corp., Ford Motor Co., and DaimlerChrysler AG's Chrysler Group lobbied fiercely for compromise legislation that would reform the 30-year-old Corporate Average Fuel Economy, or CAFE, program.


Read more at Reuters.com Government Filings News

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