The Trump administration agreed on Tuesday to an auto industry request to delay the start of dramatically higher penalties for companies that fail to meet fuel efficiency requirements, a move that could save the industry hundreds of millions of dollars or more.

The decision - announced eight days before President-elect Joe Biden takes office - follows a U.S. appeals court ruling in August that overturned the Trump administration’s 2019 decision to suspend a regulation that more than doubled penalties for automakers failing to meet fuel efficiency requirements.

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Trump Dramatically Reduces Fines For Automakers That Can't Meet Obama's Efficiency Standards

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