zzdcar
Home
/
Reviews
/
Culture
/
Trump Is Leaving Automakers One Last Gift
Trump Is Leaving Automakers One Last Gift-May 2024
2024-02-19 EST 22:12:30

Image for article titled Trump Is Leaving Automakers One Last Gift

President Trump’s attempted rollback of Obama-era fuel efficiency standards from start to finish. And now a Trump administration decision on Tuesday means that increased fines for automakers who miss those standards — whatever they are in the end — will be delayed for now.

The fines were set to almost triple, possibly costing automakers hundreds of millions of dollars. But no longer, at least for now, , as the Trump administration said it would delay the higher rates taking effect. The fines, levied by the National Highway Traffic Safety Administration, have increased only once since 1975.

The decision - announced eight days before President-elect Joe Biden takes office - follows a U.S. appeals court ruling in August that overturned the Trump administration’s 2019 decision to suspend a regulation that more than doubled penalties for automakers failing to meet fuel efficiency requirements.

[...]

The auto industry trade group that sought relief praised the NHTSA’s decision, noting vehicles that would have faced higher penalties “have already been sold or will soon be manufactured.”

Fiat Chrysler Automobiles (FCA) paid a $79 million civil penalty for failing to meet 2017 fuel economy requirements after paying $77.3 million for 2016 requirements.

In November, FCA warned it could need to set aside 500 million euros ($608 million) as a result of the appeals court decision.

Specifically, the NHTSA fines were to go up to $14 per tenth of a mile per gallon over the standard, from $5.50, an amount you then multiply by the number of vehicles in an automaker’s fleet to calculate the full penalty. Which means that if FCA thought it would have to pay penalties of $608 million this year under the higher rate, it’s still probably on the hook for tens of millions at the lower rate.

But given that automakers make billions not millions every year, it’s hard to believe the lower penalty is much incentive to comply with the fuel efficiency standards at all. Which of course is the point of them to begin with.

Anyway, you can expect more of this let’s-loot-the-place-on-our-way-out from Trump and his people in the next week, until Trump is impeached and removed or until, on January 20, Joe Biden is sworn in. Trump wouldn’t have it any other way.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Culture
Two Teens Arrested, One Gator Killed In Florida Crash
Two Teens Arrested, One Gator Killed In Florida Crash
While nothing that happens in Florida is really that surprising anymore, the occasional new story raises the bar. In the latest story coming from the Sunshine State, reports two of the victims in a crash over the weekend were alligators. On December 9, Hardee County (70 miles outside of...
May 12, 2025
Best Of 2021: If Volkswagen Actually Changes Its Name To Voltswagen, I'll Get A VW Tattoo [Update: That's Right]
Best Of 2021: If Volkswagen Actually Changes Its Name To Voltswagen, I'll Get A VW Tattoo [Update: That's Right]
Today, reports that Volkswagen’s U.S. arm would change its name to Voltswagen to reflect its transition to electric vehicle manufacturing started making the rounds. , but we posted about it because that’s what posters do. Both Erin Marquis and Bradley Brownell have agreed to join me in getting some...
May 12, 2025
One Of The Most Ambitious Racing Games Of All Time Was Inaccessible To Western Players For 22 Years. A Dedicated Group Of Fans Fixed That
One Of The Most Ambitious Racing Games Of All Time Was Inaccessible To Western Players For 22 Years. A Dedicated Group Of Fans Fixed That
The two best-selling games on the original PlayStation were and Final Fantasy VII, with 10.85 million and 10.02 million units sold, respectively. As for third and fourth, that would be Gran Turismo (2) again and Final Fantasy (VIII) again also. If you owned a PS1 and one of these disparate...
May 12, 2025
This Is Why You Keep Your Distance From Semi Trucks In Storms
This Is Why You Keep Your Distance From Semi Trucks In Storms
Do you ever feel a sense of unease as you pass a semi on the highway? Something about the imposing wall of blank, white metal makes the situation feel dangerous, like you shouldn’t spend a second longer than you have to in making a pass. That instinct may be overkill...
May 12, 2025
Shipping Costs Are Higher Than Ever
Shipping Costs Are Higher Than Ever
I would not want to be working in a port right now. Or working as a truck driver. I’m not alone there, either. All that and more in for December 20, 2021. ...It wouldn’t be hard to say that poor working conditions in the shipping industry are to blame....
May 12, 2025
Blip: What's The Key Detail Here?
Blip: What's The Key Detail Here?
As far as photo setups go for mid-century French cars go, this isn’t all that weird. Mom in a Renault 4CV, with kid and dad climbing on the hood, determinedly snapping photos, and sure, the intensity is a little comical. But that’s not the key part here. You know...
May 12, 2025
Copyright 2023-2025 - www.zzdcar.com All Rights Reserved