Detroit Automakers Face Billions in Fines Under Proposed Fuel Economy Rules, Claiming Higher Costs Than Foreign Brands
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Proposed fuel economy rules through 2032 would cost GM $6.5 billion in fines and Stellantis $3 billion.
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Ford faces about $1 billion in penalties.
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Letter says new rules would result in "disproportionately higher compliance costs" for U.S. automakers.
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Detroit automakers face $2,151 per vehicle in compliance costs compared to $546 for other automakers.
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Policy "would reward those auto manufacturers resisting the transition to a fully electric future the most."