| General Motors urge EU politicians to take action on credit crisis and CO2 |
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| Written by Staff Reporter | |
| Wednesday, 15 October 2008 | |
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GENERAL Motors executives have urged European politicians to act immediately to restore consumer confidence affecting the auto industry and clarify CO2 policy. They believe that the auto industry needed further help from political leaders to turn the situation around. At the EU level, and within the political leadership of individual countries, action must be taken to stimulate the economy, relieve the credit crunch and restore consumer confidence. The GM chiefs believe that the lack of clarity on CO2 policy was undermining consumer confidence and purchase intentions was the lack of clarity on CO2 policy. GM Europe is said that it is committed to working with policy makers to support EU strategies that would quickly reduce the impact of CO2 emissions from cars. |
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