DaimlerChrysler Fined $30 For Failing Fuel-Efficiency Standards

Bloomberg Via NYT:

DaimlerChrysler paid a $30 million fine in 2007, the most ever by an automaker, for failing to meet federal fuel-efficiency standards, according to the National Highway Traffic Safety Administration.

The penalty was assessed for DaimlerChrysler's imported fleet of cars from the 2006 model year, which failed to meet the corporate average fuel economy standard of 27.5 miles per gallon, an agency spokesman, Eric Bolton, said Wednesday.

DaimlerChrysler, now known as Daimler, topped the record of $28 million set by BMW in 2002. The United States has collected $735 million in fines since 1985 from automakers whose fleets failed to meet car and light-truck mileage standards, now at 27.5 m.p.g. and 22.2 m.p.g..

Read the whole story: Bloomberg Via NYT

Comments

[geobushono]

fine!! send me my share......it's my goddamn lungs!

[JScott]

Interesting that the Japanese and Korean auto companies seem to have avoided this.

[cordier]

Until companies are fined at least the same amount as it would take them to retool, we will continue to see this 'in your face' defiance. It's cheaper to pay the fines than it is to make the necessary changes. Unless you really hurt them in their pockets they have no incentive. We've seen this tactic with other corporations as well.

It's time to hold their feet to the fire (and no bail-out this time).