Politics

/

ArcaMax

Detroit Three CEOs invited to testify before Congress in January for first time since 2008

Grant Schwab, The Detroit News on

Published in Political News

WASHINGTON — The CEOs of all three Detroit automakers have been invited to publicly testify before Congress on Jan. 14 for the first time in more than 17 years.

The last congressional hearing that featured the top executives of Ford Motor Co., General Motors Co. and Stellantis NV (formerly Chrysler LLC) was in late 2008, when concurrent financial and automotive crises were beginning to crash down on the global, national and Michigan economies.

U.S. Sen. Ted Cruz, R-Texas, announced the upcoming meeting Tuesday evening via a press release. Cruz is chairman of the U.S. Senate Committee on Commerce, Science and Transportation. He said the hearing will be titled "Pedal to the Policy: The Views of the American Auto Industry on the Upcoming Surface Transportation Reauthorization.”

The hearing, if all invitees attend, will feature testimony from Ford's Jim Farley, GM's Mary Barra and Stellantis' Antonio Filosa. Tesla Inc. Vice President of Vehicle Engineering Lars Moravy was also invited to round out the panel of top U.S. automaker executives.

The hearing will touch on fuel economy regulations, vehicle affordability, a bumpy transition to electric vehicles and more.

Commerce Committee Republicans, in a press release, framed the meeting as an opportunity to examine "how radical global warming regulations and mandated technologies have driven up the cost of vehicles for American consumers."

Cruz said in a statement: “Americans have been clear that they are hyper-focused on affordability — and so is this committee. The average price of a car has more than doubled in the past decade, driven up by onerous government-mandated technologies and radical environmental regulations."

The average price of a new vehicle — including light-duty cars and trucks — pushed past $50,000 for the first time in September, according to Cox Automotive. Price tags hovered around $32,500 a decade earlier, per Cox.

Erin Keating, Cox's executive analyst, explained that trend as a mix of factors.

"It is important to remember that the new-vehicle market is inflationary. Prices go up over time, and today’s market is certainly reminding us of that. While there are many affordable options out there, many price-conscious buyers are choosing to stay on the sidelines or cruising in the used-vehicle market," she wrote in an Oct. 14 analysis.

Keating continued: "Today’s auto market is being driven by wealthier households who have access to capital, good loan rates and are propping up the higher end of the market. Tariffs have introduced new cost pressure to the business, but the pricing story in September was mostly driven by the healthy mix of EVs and higher-end vehicles pushing the new-vehicle (average transaction price) into uncharted territory."

 

Cruz suggested that Republicans, since they gained control of Washington earlier this year, have pulled policy levers to bring prices down.

"The One Big Beautiful Bill Act took crucial steps to drive costs down with the repeal of the EV mandate and (corporate average fuel economy) standards, but we must do more," he said. "This hearing will examine how government interference continues to make vehicles expensive and out of reach for American customers and how we can restore competition and choice.”

The January session could give Republican and Democratic lawmakers a rare chance to ask executives of the country's largest retail business sector about company plans and how federal policymaking affects them. U.S. Sen. Gary Peters, D-Mich., sits on the committee, as does Republican Ohio U.S. Sen. Bernie Moreno.

The freshman lawmaker from the Buckeye State, who has been influential in automotive policymaking this year, previously amassed a personal fortune running and selling car dealerships.

The meeting will also come as negotiations ramp up over a mandatory review of the United States-Mexico-Canada free trade agreement that President Donald Trump signed during his first term in office. The countries must agree to a renewal by July 1 or reach alternative arrangements. If they do not, the key regional trade deal will lapse.

Automakers have urged Trump and lawmakers in Congress to renew the deal, citing decades of business integration across North America.

Even though it has been a generation since the Detroit Three sent all three of their CEOs to publicly speak with lawmakers on Capitol Hill, the automakers have been active in Washington.

Company executives lobbied Trump directly on tariffs earlier this year and visited him at the White House in 2017 during the Republican president's first term.

_____


©2025 The Detroit News. Visit detroitnews.com. Distributed by Tribune Content Agency, LLC.

 

Comments

blog comments powered by Disqus

 

Related Channels

The ACLU

ACLU

By The ACLU
Amy Goodman

Amy Goodman

By Amy Goodman
Armstrong Williams

Armstrong Williams

By Armstrong Williams
Austin Bay

Austin Bay

By Austin Bay
Ben Shapiro

Ben Shapiro

By Ben Shapiro
Betsy McCaughey

Betsy McCaughey

By Betsy McCaughey
Bill Press

Bill Press

By Bill Press
Bonnie Jean Feldkamp

Bonnie Jean Feldkamp

By Bonnie Jean Feldkamp
Cal Thomas

Cal Thomas

By Cal Thomas
Christine Flowers

Christine Flowers

By Christine Flowers
Clarence Page

Clarence Page

By Clarence Page
Danny Tyree

Danny Tyree

By Danny Tyree
David Harsanyi

David Harsanyi

By David Harsanyi
Debra Saunders

Debra Saunders

By Debra Saunders
Dennis Prager

Dennis Prager

By Dennis Prager
Dick Polman

Dick Polman

By Dick Polman
Erick Erickson

Erick Erickson

By Erick Erickson
Froma Harrop

Froma Harrop

By Froma Harrop
Jacob Sullum

Jacob Sullum

By Jacob Sullum
Jamie Stiehm

Jamie Stiehm

By Jamie Stiehm
Jeff Robbins

Jeff Robbins

By Jeff Robbins
Jessica Johnson

Jessica Johnson

By Jessica Johnson
Jim Hightower

Jim Hightower

By Jim Hightower
Joe Conason

Joe Conason

By Joe Conason
Joe Guzzardi

Joe Guzzardi

By Joe Guzzardi
John Stossel

John Stossel

By John Stossel
Josh Hammer

Josh Hammer

By Josh Hammer
Judge Andrew P. Napolitano

Judge Andrew Napolitano

By Judge Andrew P. Napolitano
Laura Hollis

Laura Hollis

By Laura Hollis
Marc Munroe Dion

Marc Munroe Dion

By Marc Munroe Dion
Michael Barone

Michael Barone

By Michael Barone
Mona Charen

Mona Charen

By Mona Charen
Rachel Marsden

Rachel Marsden

By Rachel Marsden
Rich Lowry

Rich Lowry

By Rich Lowry
Robert B. Reich

Robert B. Reich

By Robert B. Reich
Ruben Navarrett Jr.

Ruben Navarrett Jr

By Ruben Navarrett Jr.
Ruth Marcus

Ruth Marcus

By Ruth Marcus
S.E. Cupp

S.E. Cupp

By S.E. Cupp
Salena Zito

Salena Zito

By Salena Zito
Star Parker

Star Parker

By Star Parker
Stephen Moore

Stephen Moore

By Stephen Moore
Susan Estrich

Susan Estrich

By Susan Estrich
Ted Rall

Ted Rall

By Ted Rall
Terence P. Jeffrey

Terence P. Jeffrey

By Terence P. Jeffrey
Tim Graham

Tim Graham

By Tim Graham
Tom Purcell

Tom Purcell

By Tom Purcell
Veronique de Rugy

Veronique de Rugy

By Veronique de Rugy
Victor Joecks

Victor Joecks

By Victor Joecks
Wayne Allyn Root

Wayne Allyn Root

By Wayne Allyn Root

Comics

Joel Pett Dick Wright Adam Zyglis Dave Granlund Lisa Benson Peter Kuper