Big Three Slam Fuel Standards
DETROIT (Reuters) - U.S. automakers, led by General Motors Corp., have fired back at a federal proposal to raise fuel economy standards for trucks by 1.5 miles a gallon, claiming regulators overestimated the companies' ability to meet higher targets and that the costs of tougher rules outweigh the benefits.
In a 127-page filing with the U.S. National Highway Traffic Safety Administration (NHTSA), GM suggested that meeting the rules would cost it more than $1 billion, and could force it to cut weight from its trucks, a move GM has long argued would make them less safe.
"We believe that a more accurate assessment of our capabilities will show that the proposed standards are significantly too high," GM said in its comments, filed with the agency last Friday.
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