Stellantis fuel economy debt mounts

23 July 2024, 10:56 am

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Stellantis has reportedly paid $US190.7 million ($A287.9m) in US fuel economy penalties with $US459.7 million ($A694.2m) still owing, according to US government documents. The penalties were for failing to meet US fuel economy requirements for 2019 and 2020. Stellantis paid record-setting penalties for previous model years and is investing in electric vehicles globally. The NHTSA nearly tripled penalties for non-compliance in 2022, projecting significant fines for the industry over the next few years to increase fuel efficiency standards.

Brands mentioned: Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, General Motors, Ford

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