Europe Automakers' Fuel Economy Failure Could Cost More Than $16 Billion, Report Claims
Monday , August 6 , 2018 - 11:00 PM

Europe’s automakers face fines of more than $16 billion in 2021 if they fail to meet tightening fuel economy rules, according to a report from IHS Markit. Hopes are fading that an upsurge in electric car buying will bail the industry out.

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