Washington– National Highway Traffic Safety Administration (National Highway Traffic Safety Administration) Said on Wednesday that it may impose higher penalties on automakers who fail to meet the requirements. Fuel efficiency Requirement, this decision may cost the industry hundreds of millions of dollars or more.
President Donald Trump’s administration postponed a 2016 regulation in the last days of January that more than doubled the penalties for automakers who failed to meet corporate average fuel economy (CAFE) requirements.
Automakers protested the 2016 interest rate hike, warning that it may increase industry costs by at least $1 Billion years.Interest rate hike may cost Chrysler For example, the parent company Stellattis received hundreds of millions of dollars while increasing Tesla.
Under the president Barack Obama, The higher fines will begin for the 2019 model year, but the Trump administration-first attempting to suspend interest rate hikes-agreed after the court decided to set the effective date as the 2022 model year.
NHTSA stated that it is giving the public 30 days to comment on whether the 2016 rules should be restored, which will take effect in the 2019 model year, but said it has not yet made a final decision.
Congress in 2015 ordered federal agencies to adjust civil penalties in response to inflation.In response, NHTSA issued rules to increase the 0.1 mile penalty from $5.50 to $14 per gallon New car and truck The consumption exceeds the prescribed standard.
A trade organization representing major U.S. and foreign automakers said on Wednesday that it has urged NHTSA not to impose higher penalties retroactively on model years that have been produced or designed, “because doing so will not create environmental or Fuel economy benefit. “
The U.S. Court of Appeals overturned the Trump administration’s 2019 decision to suspend the implementation of the 2016 regulations in August 2020.
In March of this year, Tesla urged the U.S. Court of Appeals to restore higher fuel economy penalties, and stated that the Biden administration ignored the continued impact of Trump’s rules on the credit trading market.
Tesla, its Electric car Produces zero Emissions, Selling points to other automakers to reduce their burden of complying with regulations, and believes that changes in Trump’s rules have reduced the value of these points.
Fiat Chrysler Automobiles, a part of Stellattis NV, paid a total of nearly $150 million for failing to meet requirements in 2016 and 2017.
NHTSA stated that its analysis shows that the resumption of earlier interest rate hikes may increase the fines for the 2019 model year by US$178.5 million, which does not include the impact on credit transactions.
Stellantis stated in a securities filing earlier this month that the costs associated with potentially higher CAFE fines could be approximately 521 million euros (609 million US dollars).
Earlier this month, NHTSA proposed to increase the CAFE requirements from 2024 to 2026 by 8% per year, thereby reversing the Trump era regulations, which lowered higher requirements starting from the 2021 model year.
(Reporting by David Shepardson; Editing by David Holmes)