Daimler fined $30 million over fuel rule
From Times Wire Reports
The former DaimlerChrysler paid a $30.3-million fine last year, the most ever by an automaker, for failing to meet federal fuel-efficiency standards, the National Highway Traffic Safety Administration said.
The penalty was assessed for DaimlerChrysler’s imported fleet of passenger cars from the 2006 model year, which failed to meet the corporate average fuel economy standard of 27.5 miles per gallon, NHTSA spokesman Eric Bolton said.
The automaker was divided last year when Cerberus Capital Management acquired an 80% stake in Chrysler.
