Trump Admin. Sees GM’s Technology Costs Through 2031 Declining By $20.4 Bln In Total Due To Lower Fuel Economy Standards

WASHINGTON, Sept 28 (Reuters) — General Motors will see its technology costs decline by $20.4 billion through 2031 as a result of drastically lower vehicle fuel economy rules finalized Monday, the US Transportation Department said. In total, the Trump administration estimates automakers technology costs will decline by $60.6 billion through 2031, or about $1,289 per vehicle, as a result. The 2024 fuel economy rules had been estimated to cost GM $31.7 billion through 2031. (Reporting by David Shepardson Editing by Nick Zieminski) ((David.Shepardson@thomsonreuters.com; 2028988324;)