Automotive Industry
Industry: Email Alert RSS FeedScheele asks EU to analyze cost-benefit of new rules; Europe's automakers fear lawmakers are going too far.(News)
Automotive News Europe, March, 2004
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Byline: Bradford Wernle
European automakers are demanding that the European Commission obtain an independent cost-benefit analysis before imposing new regulations on the auto industry.
A third-party analysis is essential to prevent European automakers from being regulated out of business, said Nick Scheele, Ford Motor Co. president and chief operating officer.
"We think that will be beneficial for the industry and beneficial for the European Commission," Scheele said.
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Scheele and Volkswagen head Bernd Pischetsrieder, the new president of the European vehicle ...
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