Coalition of Small Volume Automobile Manufacturers (COSVAM) Revenue

About Coalition of Small Volume Automobile Manufacturers (COSVAM)

The History of COSVAM In January 1996, over two dozen small automobile manufacturers met at Forbes House in London. For several hours, they discussed the steadily escalating difficulties, costs and complexities in certifying cars for sale into the US market. They exchanged information and opinions about possible strategies to fight back against the tide of federal legislation that was threatening to overwhelm the industry in Europe, as it had already done in America. At the end of the meeting, they decided to formalise their professional interests by organizing the Coalition of Small Volume Automobile Manufacturers, informally known as COSVAM. Over the next five years, the successes of COSVAM grew to encompass more than the original group ever intended. In 1997, the powerful California Air Resources Board (CARB) granted more time for SVM compliance with the most complicated and expensive emissions regulations saving the member companies hundreds of thousands of dollars in the process. In 1998, the US Congress passed the COSVAM Bumper Bill, signed into law by President Clinton, a landmark piece of legislation that represented the first official federal recognition of the SVM industry. In 1999, NHTSA recognised the SVM industry, and in 2000, the EPA did so, as well.

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