Court Blocks Trump Effort to Delay Boost in ‘Gas Guzzler’ Fines [Bloomberg Business News]
Tata Motors Ltd Tata Motors Limited (TTM)
US:NYSE Investor Relations:
tatamotors.com/investor/volumes
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Source: Bloomberg Business News
By Ryan Beene From Fines for CAFE shortfalls to more than double after ruling NHTSA last year delayed implementation of Obama-era rule Automakers will face steeper penalties if they fall short of annual U.S. fuel economy targets after a federal court blocked a Trump administration move to delay a scheduled increase in the fines, handing a victory to environmental groups and several states. The ruling by a federal appeals court in New York overturned a National Highway Traffic Safety Administration decision last July to indefinitely delay a rule to more than double the value of the fines from taking effect. Several states including New York, California and Vermont sued and alleged NHTSA’s move was unlawful. Environmental groups also sued the Trump administration over the delay. Since the mid-1970’s, automakers have been fined $55 for each mile p
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