Trump administration freezing fuel efficiency penalties

Business News July 13, 2019 / 2:02 PM / Updated an hour ago Trump administration freezing fuel efficiency penalties David Shepardson 5 Min Read WASHINGTON (Reuters) - The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama administration regulation that more than doubled penalties for automakers failing to meet fuel efficiency requirements. FILE PHOTO: Traffic is pictured at twilight along 42nd St. in the Manhattan borough of New York, U.S., March 27, 2019. REUTERS/Carlo Allegri

WASHINGTON (Reuters) – The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama administration regulation that more than doubled penalties for automakers failing to meet fuel efficiency requirements. Congress in 2015 ordered federal agencies to adjust a wide range of civil penalties to account for inflation and, in […]

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