gm executive david strickland met on july 17 with white house office of management and budget officials about the cafe proposal and the automaker presented the slide according to the white house websitegeneral motors has warned that the biden administrations vehicle emissions rules could cost the auto industry usd 100 billion in penalties in 2031 and usd 300 billion over a fiveyear period according to a document made public this week the previously unreported presentation posted on a white house website said the total amount of penalties depends on an energy department proposal to revise the petroleumequivalent fuel economy rating for evs in the national highway traffic safety administrations nhtsa corporate average fuel economy cafe program advt gm executive david strickland met on july 17 with white house office of management and budget officials about the cafe proposal and the automaker presented the slide according to the white house website nhtsa is set to release its proposal to hike cafe requirements for 2027 and beyond as early as friday after the white house signed off on tuesday the white house did not immediately respond to a request for comment on thursday gm which in 2021 vowed to halt the sale of new gasolinepowered vehicles by 2035 said earlier this month it could face compliance challenges under various vehicle emissions rules gm said on thursday it looks forward to further and increased technical dialogue with the epa and the white house as the rule is finalized and await review of nhtsas upcoming cafe proposal nhtsas plan will follow the environmental protection agencys april proposal to toughen 20272032 standards requiring a 56 emissions cut that would result in 67 of new vehicles by 2032 being evs gms document said automakers hitting 67 of vehicles as evs by 2032 would be insufficient for cafe compliance a group representing major automakers including the detroit three wants epa to significantly soften its requirements calling it neither reasonable nor achievable toyota motor called the epa proposal extreme and outside historical norms chrysler parent stellantis and gm paid a total of usd 363 million in civil penalties for failing to meet cafe requirements for prior model years reuters first reported in june advt the recordsetting penalties include usd 2355 million for stellantis for the 2018 and 2019 model years and usd 1282 million for gm covering 2016 and 2017 read alsouaw president meets with biden as union opens automaker contract talksin challenge to tesla automakers launch us ev charging networklges warns of sluggish ev demand in europe quarterly profit misses forecastsgm shares fall as automaker outlines new costcutting drive reuters published on jul 28 2023 at 0746 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of