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DaimlerChrysler gets record $30M CAFE fine

When Corporate Average Fuel Economy regulations were instituted by the US Congress in the mid-seventies, the law included fines for automakers who failed to meet the standard. The first company to fall prey to CAFE fines was Jaguar in 1983 when they paid $57,970 to the National Highway Traffic Safety Administration (NHTSA). NHTSA is the agency that actually sets the rules for CAFE, calculates the averages and administers the fines. Over the years, carmakers have been fined a total of $735,422,635.50 for selling cars and trucks that use too ... Read more →

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