US says GM tech costs will decline by $20.4 billion through 2031 because of lower emissions rules
GM•The US Transportation Department said General Motors’ technology costs will decline by $20.4 billion through 2031 under finalized lower fuel economy rules. The administration estimates automakers’ technology costs will fall by $60.6 billion, or about $1,289 per vehicle.
1. Estimated cost reductions
The US Transportation Department said General Motors’ technology costs will decline by $20.4 billion through 2031 as a result of finalized vehicle fuel economy rules. The Trump administration estimates automakers’ costs will decline by $60.6 billion, or about $1,289 per vehicle; the 2024 rules had been estimated to cost GM $31.7 billion through 2031.
