Appeals Court Blocks Reduction In Fines For Automakers
The Second Circuit Court of Appeals has overturned the federal Department of Transportation’s decision to suspend the increase of the fine amount for automakers that are found to be out of compliance with CAFE standards. Under the Corporate Average Fuel Economy program, automakers are required to meet certain average fuel economy numbers, and if they don’t they must pay a fine of $55 per mpg per car the automaker missed the requirement on....