National Highway Traffic Safety Administration (NHTSA) RELEASES FINAL LOW-VOLUME MANUFACTURING RULES

National Highway Traffic Safety Administration (NHTSA) has completed a regulation permitting low volume motor vehicle manufacturers to begin selling replica cars that resemble vehicles produced at least 25 years ago. Congress enacted a DeLorean Motor Company-backed bill backed by the Specialty Equipment Market Association (SEMA) DeLorean Motor Company, and others into law in 2015, which streamlined requirements for small automakers, but implementation was delayed while awaiting the NHTSA regulations. Companies like DeLorean will now be able to apply for authorization to produce and sell vehicles under this program. The recent release of the final rule document was unexpected, and we’re very pleased to see it finally happen. Still, four years overdue with no clear idea of when (or if!) these would ever be released did certainly keep us from putting too many eggs in that stainless steel basket, so to speak.

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