Unfair Treatment? Lexus Forced To Comply With Stricter Greenhouse Gas Requirements
Agent009 submitted on 8/3/2009 Official Bell & Ross Timestamp: 10:41:03 AM
18 user comments | Category: Misc News | Source: | SOURCE: online.wsj.com
German luxury auto makers including BMW AG and Daimler AG's Mercedes-Benz are close to benefitting from a U.
S. concession that will allow them and a few other foreign makers to keep selling cars that emit more greenhouse gases than those made by mass-market rivals such as General Motors Co. and Toyota Motor Corp.
Under a provision of a plan to curb greenhouse gas emissions, the Obama administration has proposed to set less stringent standards for car makers that sell fewer than 400,000 vehicles a year in the U.S. That target defines the major German brands as well as a few smaller Asian manufacturers such as Suzuki Motor Corp. and Mitsubishi Motors Corp.
The easier targets are expected to apply to a limited portion of a car maker's sales volume, and last for about four years -- unless the government grants an extension.
2009 Frankfurt Auto Show Photo Gallery
Read Article