GM fined $145.8 million after US finds excess emissions
GM is the latest carmaker to get slapped with hefty fuel economy penalties.
American carmaker General Motors will pay a US$145.8 penalty after a government investigation found excess emissions from approximately 5.9 million GM vehicles, agencies said Wednesday.
In addition to paying the penalty, the Environmental Protection Agency (EPA) said the carmaker had agreed to give up approximately 50 million metric tonnes in carbon credits that it had received for complying with federal rules after a multi-year investigation found cars from the 2012 to 2018 model years were emitting more than 10% higher carbon dioxide on average than the company’s initial compliance reports stated. GM will also give up roughly 30.6 million gas mileage credits from the National Highway Traffic Safety Administration (NHTSA).