Month: October 2023
GM faces potential $6.5 billion in penalties under new Fuel Economy Standards, says American Automotive Policy Council
Biden Administration’s Proposed CAFE Standards May Impact American Automakers Heavily The Biden administration’s proposed new fuel economy standards have raised concerns, particularly for General Motors (GM), as it could face significant penalties. According to the American Automotive Policy Council, GM is expected to incur penalties of approximately $6.5 billion by 2033 due to the proposed […]
