US says GM technology costs to fall $20.4 billion through 2031 under new fuel economy rules
NHTSA said total automaker technology costs would decline by $60.6 billion through 2031, with the rule expected to take effect around early December.
4 billion through 2031 as a result of drastically lower vehicle fuel economy rules finalized Monday, the US Transportation Department said. 6 billion through 2031, or about $1,289 per vehicle, as a result. 7 billion through 2031. The new rule is expected to take effect around early December.
Automakers will not need to add expensive emissions equipment to reduce fuel consumption or build more EVs, as they would have had to under the prior rule in order to meet more stringent requirements. 1 billion. " Last year, Congress passed legislation ending penalties for not meeting fuel economy requirements after Stellantis paid about $775 million in civil penalties for failing to meet US fuel economy requirements since 2019. 2 million in penalties for 2016 and 2017.
9 million GM vehicles. 5 billion for GM, $3 billion for Stellantis and $1 billion for Ford Motor. 83 billion in fines from 2027 through 2031. com; 2028988324;)