The proposal to hike fuel economy standards through 2032 would cost GM $6.5 billion in fines and Stellantis $3 billion, an industry group says.
, said in a letter to the U.S. Energy Department on Friday that the size of the expected penalties for not meeting proposed Corporate Average Fuel Economy requirements are"alarming." Ford separately faces about $1 billion in penalties, the letter said. GM and Stellantis declined to comment beyond the letter.
Detroit Three automakers face $2,151 per vehicles in compliance costs compared with $546 per vehicle on average sold by other automakers, the letter said, and the policy"would reward those auto manufacturers resisting the transition to a fully electric future the most.
DOE sent Sept. 14 letters to the Detroit Three automakers"requesting additional information to help the DOE fully understand the 'specific challenges regarding product development lead time,'" the automaker group said.) can reduce petroleum consumption but giving too much credit for that adoption can lead to increased net petroleum use because it enables lower fuel economy among conventional vehicles," DOE said in April. The agency did not immediately comment Monday.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Automakers say Biden's fuel economy proposal 'exceeds maximum feasability'The Biden administration proposal to hike fuel economy through 2032 is not feasible and could cost automakers $14 billion in fines, an industry group says.
Leer más »
UAW strike against Ford, GM, Stellantis cost US economy nearly $4B so farThe United Auto Workers' strike against Detroit's Big Three automakers is in its third week, and has so far cost $3.95 billion in losses to the U.S. economy.
Leer más »
How Stellantis and Its Not-So-Detroit CEO Are Taking On the UAWThe company and boss Carlos Tavares—both more European than American—are making progress with the union and avoiding more strikes for now.
Leer más »
UAW Reaches Deal With Mack Trucks. It’s Both Good and Bad for Ford, GM, and Stellantis.The union says that nearly 4,000 of the truck maker’s workers in Pennsylvania, Maryland and Florida struck a tentative deal just before the Sunday deadline.
Leer más »
United Auto Workers union reaches tentative deal on 5-year contract with Mack TrucksMack Trucks, which is owned by Stellantis-brand Volvo, confirmed a tentative agreement on a five-year contract early Monday.
Leer más »
Tesla Wages To Go Up In The Wake Of UAW Strike, Barclays PredictsBarclays analyst Dan Levy said Tesla workers' wages would probably rise if the UAW strikes a deal with Ford, General Motors, and Stellantis.
Leer más »