Teslarati
MAY 3, 2022
We’re building a world-class Canadian auto industry, an innovative economy and a clean, strong future for everyone. This is what a healthy environment and a healthy economy looks like,” Trudeau said at Stellantis’ Automotive Research and Development Center in Windsor.
Green Car Congress
MARCH 15, 2018
The goal of the mandate is to improve the environment by spurring the sale of vehicles with alternative powertrains thus reducing carbon emissions. —Auto Alliance. The bill also includes a reporting requirement for State agencies that purchase vehicles. The bill would take effect 1 July 2018.
Baua Electric
JANUARY 11, 2024
Let this settlement be a lesson: We won’t let greedy corporations cheat their way to success and run over the health and well-being of consumers and our environment along the way,” California Attorney General Rob Bonta told reporters yesterday. VW agreed to pay $2.8 billion in criminal fines and $1.5 billion in civil resolutions.
Green Car Congress
JANUARY 4, 2012
In its “2012 Outlook: US Auto Manufacturers and Suppliers”, Fitch assigns the industry a Positive Rating, expecting the credit profiles of the US OEMs and auto suppliers to generally strengthen in 2012, assuming that global economic conditions do not weaken materially from current trends.
The Truth About Cars
JULY 28, 2023
During the meeting, GM estimated the auto industry as a whole could see penalties ranging from $1,300 to $4,300 per vehicle by 2031. Of course, automakers (particularly Stellantis when it was still Fiat Chrysler) also shelled out millions to purchase carbon credits in an effort to avoid government-backed fines.
Green Car Congress
MARCH 14, 2009
The economic impact of a General Motors or Chrysler bankruptcy is being debated across the country. Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. Further, the government may be suffering from the early stages of bailout fatigue. Laura Marcero
Green Cars News
AUGUST 18, 2009
With payments of up to $4,500 for motorists willing to swap their ageing gas guzzling vehicles for more fuel efficient ones, it seemed like a ‘can’t lose’ scheme with consumers getting cheaper cars, the automotive industry enjoying more sales and the environment boosted by a reduction in harmful emissions.
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