Regulation & Safety

GM warns new U.S. emissions rules could cost industry at least $100B billion in penalties; Biden administration disagrees

DS

By:

DAVID SHEPARDSON

R

By:

Reuters

|

July 28, 2023 10:57 AM

WASHINGTON — General Motors warned the Biden administration's planned changes to vehicle emissions rules could cost the auto industry hundreds of billions of dollars in penalties by 2031, which the Biden administration said on Thursday was wrong.

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