TYSONS, Va. (March 15, 2017) - NADA President and CEO Peter Welch on Wednesday issued the following statement in response to the Trump Administration's decision to restart the midterm review of federal fuel-economy standards, which was circumvented by the Obama Administration's “final determination” of MY 2022-2025 standards in January:

“NADA applauds the Trump Administration for reaffirming our shared commitment to a transparent, fair and data-driven midterm review of fuel-economy standards. Maintaining vehicle affordability is critical to actually building on the progress the industry has already made on increasing fuel economy and lowering vehicle emissions. As dealers, our top priority will always be ensuring that working men and women have the ability to purchase the fuel-efficient cars and trucks they need at prices they can afford.”