Carmakers risk $16bn EU fines on emission breaches
Bloomberg Automakers failing to cut greenhouse gas emissions risk writing a big check to the European Union. Manufacturers ranging from Renault SA to Mercedes-Benz maker Daimler AG are on the hook for total fines in excess of 14 billion euros ($16 billion), should they fail to comply with tighter emission regulation phased in from 2020 and in full force the ...
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