Posted on 09/29/2023 3:55:37 PM PDT by DUMBGRUNT
The Biden administration proposal to hike fuel economy standards through 2032 is not feasible and could cost automakers a total of more than $14 billion in fines, an automotive group said Friday.
...The record-setting penalties include $235.5 million for Stellantis for the 2018 and 2019 model years and $128.2 million for GM covering 2016 and 2017.
(Excerpt) Read more at finance.yahoo.com ...
These fines are for years BIDEN was NOT even in the OVAL OFFICE......
NOW there are retroactive fines????
—”NOW there are retroactive fines????”
By any means necessary.
It’s for the children.
Talk is cheap.
Dodge is owned by Chrysler.
You mean Stellantis, headquartered in Amersterdam.
Yes, for the children, will force us into using buses and bicycles. Getting the kids to and from school will be very different.
I checked that out. Thanks. Looks like Ford and GM are OK. Both with a F grade.
I tried looking up Stellantis and then Chrysler but nothing came up.
GM delivered over 526,000 vehicles in China in Q2, up 9% from last year
All of GM’s brands saw increases during the quarter. Buick posted a 6% increase, Chevrolet saw a 20% gain, Cadillac was up 51% and the Wuling and Baojun brands reported a 3% gain.
The gains came after a bleak first quarter for GM and its partners in the world’s largest auto market with the automaker reporting a 25% decline in sales after tax cuts on auto sales and electric vehicle subsidies ended.
GM is having a breakout year for its electric vehicles in China with more than one third of some 20 new and refreshed models slated to be all-electric. The Cadillac Lyriq EV is increasing in popularity as the first EV available in China that’s powered by GM’s new Ultium EV platform, the automaker said.
The front end of the Buick E5 in the article is an ugly mutt!
Sounds like the owner of City Wok at South Park.
In 1998, Dodge/Chrysler was sold to Daimler-Benz, was spun off briefly in 2008, and merged with Fiat in 2014, which merged again with Peugeot in 2021 to form Stellantis.
That’s a shame. There’s $14 Billion that could have been used for wage and benefit increases. But, since it has to go to the Biden government, they don’t have any money left over for you poor striking workers. /s
EC
btt
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