GM Statement in Response to President Obama's Announcement Regarding the California Waiver Submission

So it begins. Here is GM's response to the President's announcement. A nicely worded statement, but undoubtedly there are going to be some sticking points. I expect that the niceties between automakers and the Obama administration will devolve from here.

"GM is working aggressively on the products and the advance technologies that match the nation's and consumers' priorities to save energy and reduce emissions. We're ready to engage the Obama administration and the Congress on policies that support meaningful and workable solutions and targets that benefit consumers from coast to coast. We look forward to contributing to a comprehensive policy discussion that takes into account the development pace of new technologies, alternative fuels and market and economic factors."