Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

Fiat Chrysler Paid $77mn in U.S. Fuel Economy Penalties in 2018

Translator

Tempo.co

Editor

Laila Afifa

9 February 2019 00:05 WIB

TEMPO.COWashington - Fiat Chrysler Automobiles NV said Thursday, Feb 7, it paid $77 million in U.S. civil penalties late last year for failing to meet 2016 model year fuel economy requirements, the first significant sign the industry is facing hurdles meeting rising emissions rules.

The Italian-American automaker has been lobbying the Trump administration to revise fuel economy requirements and last year regulators proposed freezing requirements at 2020 model-year levels through 2026.

Shane Karr, head of external affairs for Fiat Chrysler in North America, said in a statement the fuel economy program should be reformed rather than "requiring companies to make large compliance payments because assumptions made in 2011 turned out to be wrong."

Karr added that the automaker is "committed to improving the fuel efficiency of our fleet and expanding our U.S. manufacturing footprint."

The National Highway Traffic Safety Administration (NHTSA) said in a report dated Dec. 21 that the industry faced $77 million in fines in 2016 and that one unnamed manufacturer "is expected to pay significant civil penalties." The agency did not immediately comment on Thursday.

The civil penalty payment is much higher than in prior model years. The industry paid $2.3 million in civil penalties in 2014 and $40 million in 2011.

Under federal rules, automakers can accrue credits for overcomplying in some years. In 2012, the Obama administration finalized rules requiring automakers to nearly double the fleet-wide fuel efficiency of vehicles to more than 50 miles per gallon by 2025, but the Trump administration has proposed rolling back those requirements starting in the 2021 model year.

NHTSA also noted that the number of automakers' fleets with credit shortfalls had risen to 26 in 2016, up from 18 in 2011, and the number of surpluses fell from 26 in 2011 to 15.

Steve Bartoli, a Fiat Chrysler vice president who oversees fuel economy issues, said in September at a public hearing on the fuel rules that starting in 2016 the auto industry had been unable to meet current requirements without using credits earned from prior model years. Bartoli called the gap "a wake-up call that assumptions made seven years ago about the U.S. auto market need to be revisited."

The NHTSA report also said automakers collectively face projected shortfalls of about $1.2 billion for both the 2017 and 2018 model years, but it was unclear how much in credits can be used to offset the deficits.

Fiat Chrysler said the payment was anticipated and the costs were included in the company’s fourth-quarter financial results released on Thursday.

The company has previously purchased emissions credits from Tesla Inc, Toyota Motor Corp and Honda Motor Co.

Fiat Chrysler paid penalties for its domestically produced car fleet that did not meet efficiency requirements. It noted rules governing domestically produced cars restrict the use of credits.

The company explained the shortfall in part by noting that starting in the 2011 model year some front-wheel-drive utility vehicles previously classified as trucks were moved to the car fleet, which have much tougher fuel-efficiency requirements.

Fiat Chrysler noted those vehicles are taller and require more energy than sedans. In 2016, the company produced four such vehicles: the two-row Dodge Journey, Jeep Cherokee, Jeep Compass and Jeep Patriot.

By contrast, Fiat Chrysler said its average light-truck fuel economy in 2016 was higher than Toyota, Ford Motor Co and General Motors Co, while its car numbers were significantly lower.

The Trump administration said last year the fuel economy freeze would save the automakers more than $300 billion in regulatory costs.

Trump’s proposed freeze would result in 500,000 barrels per day more oil consumption by the year 2030. California says the proposal "would worsen air quality for the most vulnerable (and) waste billions of gallons of gasoline."

REUTERS



Pertamina International Shipping Ensures Adequate Supply of Fuel at Ports Ahead of Eid Homecoming

1 hari lalu

Pertamina International Shipping Ensures Adequate Supply of Fuel at Ports Ahead of Eid Homecoming

Pertamina International Shipping (PIS) guarantees a smooth supply of fuel at ports, bunkers, and depots ahead of the Eid homecoming season.


Protecting Palestinians a Moral Imperative, Pentagon Chief Tells Israeli Counterpart

1 hari lalu

Protecting Palestinians a Moral Imperative, Pentagon Chief Tells Israeli Counterpart

U.S. Defense Secretary says that it is a moral and strategic imperative to protect Palestinian civilians in the war between Israel and Hamas.


China's Xi Jinping to Meet with American Executives on Wednesday, Sources Say

2 hari lalu

China's Xi Jinping to Meet with American Executives on Wednesday, Sources Say

China's President Xi Jinping will meet with American business leaders in Beijing on Wednesday, March 27.


Water Worries: Indonesia and the U.S. Have Plenty in Common

5 hari lalu

Water Worries: Indonesia and the U.S. Have Plenty in Common

Despite being on other sides of the planet, Jakarta and Iowa are staring down similar issues around water hygiene and supply.


Russia, China Veto US-led UN Resolution on Gaza Ceasefire

5 hari lalu

Russia, China Veto US-led UN Resolution on Gaza Ceasefire

UN turned down a resolution calling for an immediate ceasefire in Gaza after Russia and China vetoed the measure proposed by the United States.


Oil Prices Down on Gaza Ceasefire Talks, Flat on the Week

5 hari lalu

Oil Prices Down on Gaza Ceasefire Talks, Flat on the Week

Oil prices slipped on Friday, March 22, and were flat on the week as the possibility of a ceasefire in Gaza weakened crude benchmarks.


UN Security Council to Vote Friday on US Resolution on Gaza Ceasefire

6 hari lalu

UN Security Council to Vote Friday on US Resolution on Gaza Ceasefire

The United States will ask the U.N. Security Council on Friday, March 22, to back a resolution calling for an immediate ceasefire in Gaza.


Netanyahu Tells U.S. Republicans Gaza War Will Continue

7 hari lalu

Netanyahu Tells U.S. Republicans Gaza War Will Continue

Benjamin Netanyahu tells U.S. Republican senators that Israel will continue its efforts to defeat the Palestinian militant group Hamas in Gaza.


Washington Makes New Push for Gaza Ceasefire to Head Off Famine, Rafah Assault

9 hari lalu

Washington Makes New Push for Gaza Ceasefire to Head Off Famine, Rafah Assault

The United States made a fresh push on Tuesday for a ceasefire in Gaza to avert a manmade famine


Jakarta has Capital to Become Business City Competing with New York: Economist

11 hari lalu

Jakarta has Capital to Become Business City Competing with New York: Economist

The metropolitan city of Jakarta has the capital to become a business and economic hub that can compete with New York, an economist says.