Brace yourself. The cost of a new car in America is set to explode, skyrocketing by thousands of dollars, all thanks to a new regulation proposed by President Barack Obama’s Environmental Protection Agency and the National Highway Traffic Safety Administration. Under a new 893-page proposal unveiled last week, automakers must …
The aftermath of the unintended acceleration hearings involving Toyota is moving to the front burner again as lawmakers are proposing legislation that would increase auto safety regulations to address all potential sources of unintended acceleration. The bill would also increase the budget of the National Highway Traffic Safety Administration (NHTSA) …