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Statement of Thomas W. LaSorda, President and Chief Executive Officer DaimlerChrysler Corporation.

Article Excerpt
WASHINGTON, March 14 /PRNewswire-FirstCall/ -- The following is a statement of Thomas W. LaSorda, President and Chief Executive Officer DaimlerChrysler Corporation before the Subcommittee on Energy and Air Quality Committee on Energy and Commerce U.S. House of Representatives:

Mr. Chairman and Members of the Committee, thank you for inviting me to testify before you on the subject of climate change. DaimlerChrysler is committed to developing new, advanced technologies, which minimize the effects our products and processes have on global climate and the environment in general. We recognize that climate change and national security are serious concerns that require all of us -- individuals, industry and government -- to take actions to help reduce our dependence on oil and emissions of CO2. And, we have already taken actions to do so.

DaimlerChrysler has long been committed to reducing petroleum consumption and emissions of greenhouse gases of its motor vehicles.

* We have produced more than 1.5 million flexible fuel vehicles (FFVs) -- vehicles capable of running on E85 -- in spite of the limited availability of E85 fuel to consumers. That is more than 10 percent of our production over the past nine years, a higher percentage than any other manufacturer. We stand ready to make, by 2012, 50 percent of our production as either FFVs or vehicles capable of running on biodiesel. * DaimlerChrysler offers seven clean-diesel models...