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#automakers — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #automakers, aggregated by home.social.

  1. #US tells #automakers they face no #fueleconomy penalties for last three years
    Last year, #Stellantis paid $190.7 million in civil penalties for failing to meet fuel-economy targets for 2019 and 2020, and nearly $400 million for 2016 through 2019, Reuters noted. #GeneralMotors previously paid $128.2 million in penalties for 2016 and 2017. With no threat of penalties, automakers also have less incentive to buy compliance credits from other firms.
    reuters.com/business/autos-tra
    #CAFEstandards

  2. #US #Senate Might Kill Automotive #FuelEconomy Rules
    Senate Weighs Effectively Killing Rule That Drove Rise of Fuel-Efficient #Cars
    #Automakers split over measure to eliminate fines for failing to meet #mileage standards that helped launch fuel-efficient mainstays like Toyota’s #Prius
    Corporate Average Fuel Economy, or CAFE, has saved two trillion gallons of #gasoline over the past 50 years, according to the journal Energy Policy.
    wsj.com/business/autos/senate-
    archive.ph/BpNuv

  3. The #Biden admin toughened vehicle #fuel mileage standards, part of a strategy to transform the #US auto market to one led by #ElectricVehicles to fight #ClimateChange.

    The measure requires #automakers to achieve a 65 mpg avg for all car models by 2031.

    #Climate experts say retiring the #InternalCombustionEngine is critical to staving off the most deadly & costly effects of #GlobalWarming.

    #pollution
    nytimes.com/2024/06/07/climate