The Motor and Tools Makers Association (MEMA) and the Automotive Aftermarket Suppliers Affiliation (AASA) applaud President Biden for issuing an govt order right now directing the U.S. Federal Trade Commission (FTC) to establish new regulations creating it less complicated and much less expensive for individuals to maintenance things they personal – including their vehicles. As a solid advocate for accessibility to consumer choice and vehicle information in the automotive aftermarket, AASA and MEMA thank the President for addressing this critical challenge.
The govt buy features 72 precise initiatives which include the need that the Federal Trade Fee initiate a rulemaking on fix and servicing. AASA and MEMA have been advocating on behalf of the industry in Washington and urging the administration and Congress to act on this issue, including additional legislative way for statutory authority.
“We glance forward to performing with the FTC to protect protected, inexpensive and equitable motor car maintenance for American individuals and applaud the president for taking motion,” commented Paul McCarthy, AASA President. “Consumer decision and aggressive marketplaces are necessary to the accomplishment of the automotive aftermarket and today’s government buy make it a federal priority.”
“We applaud the president for getting this phase, which will support ensure harmless and economical transportation for consumers more than the life of a vehicle,” commented MEMA’s CEO Monthly bill Lengthy. “The field need to align at the rear of repairabilty, as it supports model and resale values, economic equity, and consumer fulfillment over the life time of a U.S automobile fleet that averages in excess of 12 decades outdated. We pledge to operate carefully with the administration, Congress, and all business stakeholders to deal with these concerns.”
“I applaud the President’s government purchase. This paves the route for a shiny upcoming for the total automotive aftermarket,” commented Eric Sills, AASA vice chairman and CEO of Normal Motor Products and solutions Inc., which personnel approximately 2,400 people in 8 states. “More importantly, without having these procedures, American customers would have confined repair alternatives. By this executive order, the administration has manufactured a powerful assertion that customer obtain to top quality car fix ought to be secured.”
Automobile Treatment Affiliation President and CEO Invoice Hanvey additional, “It is heartening to see that the right to restore initiatives that Car Care Affiliation has been urgent for around the past two a long time are now getting traction in the Federal governing administration. We urge the Administration and the FTC to just take strong steps in get to lower anti-aggressive boundaries to mend for our industry so that we can continue to company our customer’s automobiles.