Automakers say Biden s fuel economy proposal exceeds maximum feasability autoblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoblog.com Daily Mail and Mail on Sunday newspapers.
Automakers Fines: The Alliance for Automotive Innovation, which represents General Motors, Toyota Motor, Volkswagen , Hyundai and others, said the National Highway Traffic Safety Administration Corporate Average Fuel Economy proposal "exceeds maximum feasibility" and that the agency projects "manufacturers will pay over USD 14 billion in non-compliance penalties between 2027 and 2032".
WASHINGTON -The Biden administration proposal to hike fuel economy standards through 2032 is not feasible and could cost automakers a total of more than $14 billion in fines, an automotive group said.
General Motors
warned the Biden administration s vehicle emissions rules could
cost the auto industry $100 billion in penalties in 2031, and
$300 billion over a five-year period, according to a.