GM, Stellantis Face $9.5 Billion In US Fuel Economy Fines
WASHINGTON DC - The proposal by U.S. President Joe Biden's administration to hike fuel economy standards through 2032 would cost General Motors $6.5 billion in fines and Chrysler parent Stellantis $3 billion, according to a letter seen by Reuters. The American Automotive Policy Council, representing GM, Stellantis and Ford Motor said in a letter to