15 states sue U.S. agency over delayed hike in automaker emissions penalties By Reuters

February 17, 2021 0 By boss

[ad_1]

© Reuters. The exhaust system of a Volkswagen Passat TDI diesel car is seen in Esquibien, France.

WASHINGTON (Reuters) – Fifteen 15 U.S. states on Tuesday sued the National Highway Traffic Safety Administration (NHTSA) after it agreed last month under then-President Donald Trump to an auto industry request to delay the start of dramatically higher penalties for companies that fail to meet fuel efficiency requirements.

The states, including California and New York, filed suit in the U.S. Court of Appeals Court for the Second Circuit over the decision announced in the final days of the Trump administration that could save the industry hundreds of millions of dollars or more. The NHTSA last month said it expected the final rule to significantly cut future burdens on industry by up to $1 billion annually.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



[ad_2]

Source link