GM Says Updated U.S. Emissions Rules Will Cost Auto Industry Billions in Fines
The Truth About Cars
JULY 28, 2023
During the meeting, GM estimated the auto industry as a whole could see penalties ranging from $1,300 to $4,300 per vehicle by 2031. Of course, automakers (particularly Stellantis when it was still Fiat Chrysler) also shelled out millions to purchase carbon credits in an effort to avoid government-backed fines.
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