Navigation
Search
|
GM Will Pay $146M Penalty Because 5.9 Million Older Vehicles Emit Excess CO2
Saturday July 6, 2024. 06:34 PM , from Slashdot
General Motors will pay nearly $146 million in penalties to the U.S. government, reports the Associated Press, 'because 5.9 million of its older vehicles do not comply with emissions and fuel economy standards.'
The National Highway Traffic Safety Administration said in a statement Wednesday that certain GM vehicles from the 2012 through 2018 model years did not comply with federal fuel economy requirements. The penalty comes after the Environmental Protection Agency said its testing showed the GM pickup trucks and SUVs emit over 10% more carbon dioxide on average than GM's initial compliance testing claimed. The EPA says the vehicles will remain on the road and cannot be repaired. The GM vehicles on average consume at least 10% more fuel than the window sticker numbers say, but the company won't be required to reduce the miles per gallon on the stickers, the EPA said... GM said in a statement that it complied with all regulations in pollution and mileage certification of its vehicles. The company said it is not admitting to any wrongdoing nor that it failed to comply with the Clean Air Act... The enforcement action involves about 4.6 million full-size pickups and SUVs and about 1.3 million midsize SUVs, the EPA said. The affected models include the Chevy Tahoe, Cadillac Escalade and Chevy Silverado. About 40 variations of GM vehicles are covered. GM will be forced to give up credits used to ensure that manufacturers' greenhouse gas emissions are below the fleet standard for emissions that applies for that model year, the EPA said. In a quarterly filing with the Securities and Exchange Commission, GM said it expects the total cost to resolve the matter will be $490 million. Because GM agreed to address the excess emissions, EPA said it was not necessary to make a formal determination regarding the reasons for the excess pollution. According to the article, David Cooke, senior vehicles analyst for the Union of Concerned Scientists, 'said it's possible that GM owners could sue the company because they are getting lower gas mileage than advertised.' The article also notes that in 2014, Hyundai and Kia 'entered into a settlement in which they had to pay a $100 million civil penalty to end a two year investigation into overstated gas mileage on window stickers of 1.2 million vehicles.' Read more of this story at Slashdot.
https://yro.slashdot.org/story/24/07/06/0249241/gm-will-pay-146m-penalty-because-59-million-older-ve...
Related News |
25 sources
Current Date
Nov, Thu 21 - 17:06 CET
|