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Thu Feb 7, 2019, 10:09 PM

Consumers Paid $77 Million In Fuel Economy Penalties to Meet Obamas Ridiculous Standards in 2016

Consumers Paid $77 Million In U.S. Fuel Economy Penalties to Meet Obama’s Ridiculous Standards in 2016



WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV told Reuters on Thursday it paid $77 million in U.S. civil penalties late last year for failing to meet 2016 model year fuel economy requirements, the first significant sign the industry is facing hurdles meeting rising emissions rules.

The Italian-American automaker has been lobbying the Trump administration to revise fuel economy requirements and last year regulators proposed freezing requirements at 2020 model-year levels through 2026.

Shane Karr, head of external affairs for Fiat Chrysler in North America, said in a statement the fuel economy program should be reformed rather than “requiring companies to make large compliance payments because assumptions made in 2011 turned out to be wrong.”

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Reply Consumers Paid $77 Million In Fuel Economy Penalties to Meet Obamas Ridiculous Standards in 2016 (Original post)
MumblyPeg Feb 7 OP
DDKick Feb 7 #1

Response to MumblyPeg (Original post)

Thu Feb 7, 2019, 10:11 PM

1. Yes but we all feel so much better dont we?

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