US Automakers Exempt from Fuel Economy Penalties for Three Years

Reported about 24 hours ago

U.S. regulators announced that automakers will not face fines for not meeting fuel efficiency standards that date back to the 2022 model year, following a law signed by President Trump. This legislation eliminates penalties under the 1975 energy law and aims to facilitate the production of gasoline-powered vehicles while making electric vehicle sales more expensive. Critics argue this decision benefits major automakers at the expense of taxpayers, while the industry welcomes the regulatory relief.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis