German Luxury Brands Face Uncertain Future In U.S.
As we mentioned a couple of weeks ago, new fuel efficiency and emissions regulations issued by the Environmental Protection Agency and the Department of Transportation could have a serious impact on gas-guzzling luxury vehicles. If approved as they stand in draft form, the regulations provide very little room for deviation, which could result in some very uncomfortable mergers and partnerships among brands like BMW, Mercedes-Benz, and Porsche.
Current regulations allow manufacturers to pay fines on vehicles that fail to meet U.S. efficiency and emissions standards. Those fines are fairly small, and they're passed on to luxury consumers, who...
As we mentioned a couple of weeks ago, new fuel efficiency and emissions regulations issued by the Environmental Protection Agency and the Department of Transportation could have a serious impact on gas-guzzling luxury vehicles. If approved as they stand in draft form, the regulations provide very little room for deviation, which could result in some very uncomfortable mergers and partnerships among brands like BMW, Mercedes-Benz, and Porsche. Current regulations allow manufacturers to pay fines on vehicles that fail to meet U.S. efficiency and emissions standards. Those fines are fairly small, and they're passed on to luxury consumers, who... Read More
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