Equipment Finance News

No products in the cart.

SUBSCRIBE
  • News
  • Event
  • Data
  • Features
  • Lender Directory
  • PodcastNew
  • WebinarsNew
    • (Upcoming Webinar – Dec 9) Tech-driven risk management: How innovation is reshaping equipment finance
    • Webinar Library
  • Login
Log In
No Result
View All Result
  • Dealers
  • Lenders
  • Transportation
  • Agriculture
  • Construction
  • Materials Handling
  • Rentals
  • Compliance
  • Bankruptcy
  • Data Analysis
Equipment Finance News
  • News
  • Event
  • Data
  • Features
  • Lender Directory
  • PodcastNew
  • WebinarsNew
    • (Upcoming Webinar – Dec 9) Tech-driven risk management: How innovation is reshaping equipment finance
    • Webinar Library
No Result
View All Result
Equipment Finance News
No Result
View All Result

Trucking industry vocal on EPA proposal to tighten emissions standards

Phase 3 emissions rule drops nitrogen oxide emissions 82.5% 

Johnnie Martinez IIbyJohnnie Martinez II
March 5, 2024
in Transportation
Reading Time: 3 mins read
0
Share on FacebookShare on LinkedIn

Consumers and dealers continue to navigate the tightening federal and California emissions standards and expectations as headwinds hinder adoption. 

The American Truck Dealers (ATD), a division of the National Automobile Dealers Association (NADA), are in contact with government entities as they seek to meet emissions standards, which could see drastic cuts in engine emissions from the EPA, and consumer needs, leaders of those groups said during an ATD webinar today. 

“We’ve met with the EPA and the White House on every level to communicate our message,” NADA Senior Vice President of Regulatory Affairs Dan Ingber said during the webinar. ATD’s primary message to lawmakers focuses on price, demand, training, labor, and investments, “and that’s where we’re really adding our voices on the consumer and dealer interest in these rules.” 

In addition, availability of vehicles with engines that meet emissions standards remains a concern for places like California, ATD President Laura Perrota said during the webinar. California emissions standards are governed by the California Air Resources Board. 

“There were 7,000 vehicles available with this [electric] engine last year, and now it’s down to 1,500, so this is coming fast and furious, and you can’t even imagine the scope of what those poor folks who only have dealerships in California are going through,” she said. “We have major affordability issues, lack of charging, range challenges.” These issues will result in “the lack of fleet turnover, which absolutely does nothing for the environment.” 

NADA and ATD also say they are concerned about the potentially significant Phase 3 Greenhouse Gas programs awaiting heavy-duty vehicles set for model year 2027. 

Beginning with that model year, the EPA’s proposed standards require engine emissions to be cut by 82.5% per unit compared to 2010 standards, Kaye Lynch-Sparks, associate director of legal and regulatory affairs at NADA, said during the webinar. A key factor for the rule adoptions will be the necessary fleet turnover to replace current fleets. 

“The success or failure of this rule really hinges on the willingness and ability of the trucking fleets to invest in purchasing the new technology to replace the older high emissions trucks,” she said. “That’s what we’ve constantly harped on here is the true importance of fleet turnover, and the market transition is going to be a challenge to parties with the least amount of capital.” 

Registration is now open for Equipment Finance Connect, the nation’s only dealer-centric equipment lending and leasing event, which will take place May 5-7 in Nashville, Tenn. Learn about the event and free dealer registration at EquipmentFinanceConnect.com. 

Tags: American Truck Dealerscomplianceelectric vehiclesequipment finance
Previous Post

Ares Management enters equipment finance market with launch of Ansley Park Capital

Next Post

Traton Financial Services revenue up 23% as ordering grows despite backlog

Related Posts

Truck lenders ‘underwrite wrong things,’ analyst says
Transportation

Truck lenders ‘underwrite wrong things,’ analyst says

November 20, 2025
An Aurora Innovation Inc. driverless truck at the company's terminal in Palmer, Texas, US, on Wednesday, Dec. 28, 2023. Driverless trucks with no humans on board will soon cruise Texas, highways if three startup firms have their way, despite objections from critics who say financial pressures, not safety, is behind the timetable.
Transportation

Kodiak AI, Paccar weigh in on liability, insurance questions looming over autonomous trucking

November 19, 2025
Used International trucks manufactured by Navistar International sit on the lot of the company's used truck facility in Melrose Park, Illinois Wednesday, Aug. 15, 2001. The fourth-largest truckmaker reported fiscal third-quarter earnings fell 98 percent as a glut of used trucks and the effects of the slowing U.S. economy reduced demand. The Melrose Park lot, one of 15 company owned lots, has nearly 300 trucks in inventory.
Transportation

Average new truck price up 25% YoY

November 17, 2025
Next Post
Photo of TRATON building

Traton Financial Services revenue up 23% as ordering grows despite backlog

Proud Member Of

Check Out Our Industry Event

Stay Informed With Our 8 Newsletters

The Dig Podcast

Dealer Operations

Tech investment set to grow in 2024 webinar

Equipment Finance News hosts tech-driven risk management webinar

November 17, 2025
equipment rental

AmeraMex doubles third-quarter revenue

November 17, 2025
Volvo, Renault launch commercial vehicle joint venture

Volvo CE dealer TranSource expands westward

November 14, 2025
  • About Us
  • Advertise
  • Contact Us
  • Privacy Terms
  • ADA Compliance

 Manage Cookie Consent

Connect with us

© 2025 Royal MediaRoyal Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • All News
    • Dealers
    • Lenders
    • Transportation
    • Agriculture
    • Construction
    • Material Handling
    • Rentals
    • Compliance
    • Data Analysis
  • Event
  • Data
  • Features
  • Lender Directory
  • Podcast
  • Webinars
    • (Upcoming Webinar – Dec 9) Tech-driven risk management: How innovation is reshaping equipment finance
    • Webinar Library

© 2025 Royal MediaRoyal Media

THIS WEBSITE USES COOKIES

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “I CONSENT”, you consent to the use of ALL the cookies.

Cookie settingsI CONSENT

Review our Cookie Policies
.
Manage Cookie Consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
Save & Accept