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Trump scraps fuel fines, saving carmakers $200 mn in penalties
short by / on Thursday, 17 July, 2025
Trump signed a law repealing fuel economy penalties retroactive to 2022, saving automakers like GM and Stellantis around $200 mn. Critics call it a win for polluters. Tesla may lose demand for emissions credits, a $2.8 bn revenue stream in 2024. The move is part of broader rollbacks on EV mandates and fuel efficiency rules, favouring gasoline car production.
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